1/2 Schilling

Nuremberg's half schilling issues of the early 1430s fall within the period when the city was consolidating its position as one of the Reich's most powerful self-governing municipalities — a status formalized through decades of careful negotiation with successive emperors rather than military strength. The 1432 date places this piece just three years before Sigismund's landmark Privilegium, which confirmed Nuremberg's freedoms in unusually explicit terms.

At 23mm and 1.17g, this is a light silver for its denomination, reflecting the progressive debasement common to southern German civic coinages of the period as bullion costs rose alongside Hussite war expenditures.