1 Goldgulden - Otto Henry and Philip

Otto Henry and Philip were co-rulers of Palatinate-Neuburg from 1505, both minors under regency when their joint rule began following the partition of the Palatinate territories after the death of Elector Philip the Sincere. The duchy itself was a freshly carved administrative unit, and coinage issued in both names simultaneously was a political statement of the shared inheritance as much as a fiscal instrument.

The Palatinate-Neuburg mint's output during 1515–1517 was modest. Otto Henry would later become one of the Reformation's most consequential German princes, introducing Lutheranism to his territories in 1542 — but at the time of this striking, he was barely into his twenties.