1 Goldgulden

Lüneburg's wealth in this period derived almost entirely from its salt monopoly — the city controlled the Lüneburg Heath salt works, the largest in northern Europe, and the resulting trade revenue funded coinage of a quality that far outpaced the city's modest political standing. The Goldgulden issues of this period follow the Rhenish standard adopted broadly across the Holy Roman Empire after the 1386 Kurverein agreement among the electoral mints.

Fr#1511 is among the scarcer civic gold issues of Lower Saxony. Lüneburg lost effective control of its salt revenues to the dukes of Brunswick-Lüneburg by the mid-fifteenth century, making this precisely the last window in which the city minted with genuine fiscal independence.