2 Mariengroschen - Frederick V 1762-1763 front 2 Mariengroschen - Frederick V 1762-1763 back
2 Mariengroschen - Frederick V 1762-1763 photo
© Fritz Rudolf Künker GmbH & Co. KG, Osnabrück and Lübke & Wiedemann KG, Leonberg

2 Mariengroschen - Frederick V

 
Billon (.375 silver) 2.39 g -
Description
Issuer
County of Oldenburg (German States)
Count
Frederick V (Friedrich V) (1746-1766)
Type
Standard circulation coin
Years
1762-1763
Value
2 Mariengroschen (1⁄18)
Currency
Thaler (1535-1773)
Composition
Billon (.375 silver)
Weight
2.39 g
Shape
Round (irregular)
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#341045
Rarity index
97%

Reverse

Four line value inscription, date and initials below.

Script: Latin

Lettering:
*II*
MARIEN
GROSCH:
O.L.M.
1762
I.H.M.

Comment

Mintmaster in Oldenburg was Johan Henrik Madelung hence the mark I.H.M

Interesting fact

One interesting fact about the 2 Mariengroschen coin from the County of Oldenburg is that it was minted during a time of great economic and political change in Europe. The coin was issued in the mid-18th century, a period marked by the rise of industrialization, trade, and colonial expansion. The coin's minting was likely a response to the growing need for currency in the region, as the economy expanded and more people began to participate in trade and commerce. Additionally, the fact that the coin was made of Billon, a silver-copper alloy, is also interesting. Billon was a common material used in coinage during this time period, as it was less expensive than pure silver but still had some of the same properties that made silver coins valuable, such as durability and resistance to corrosion. The use of Billon in the 2 Mariengroschen coin reflects the efforts of the Oldenburg government to create a currency that was both practical and affordable for the people of the region.