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1 Dreier

Issuer Hannover, City of
Year 1622-1623
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Diameter 16.70 mm
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Obverse description City arms of Hannover depicted as a crenellated city wall with a central gateway, shown in profile with battlements across the upper register. Three towers are visible above the wall, the central tower being the most prominent, flanked by two smaller turrets. A clover-leaf or trefoil ornament appears within the gateway arch in the lower field. Stars or small decorative devices are present in the upper left field. The design is struck in the crude, irregular style typical of early seventeenth-century hammered coinage.
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Edge Plain
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Issued during the Kipper- und Wipperzeit — the catastrophic currency debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623 — this small Hannover Dreier belongs to one of the most chaotic episodes in early modern monetary history. Municipalities, princes, and minor lords across the Empire raced to mint debased coinage, pocket the seigniorage, and pass the losses downstream. By 1622 the crisis had reached its worst, with exchange rates collapsing and ordinary commerce grinding toward barter.

Hannover's city coinage from this window is notably short-lived; municipal minting authority was curtailed as Imperial attempts to stabilize the currency took hold through 1623.

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