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1 Groschen - Albert IV of Brandenburg Breitgroschen
| Issuer | Archbishopric of Magdeburg |
|---|---|
| Year | 1520-1530 |
| Type | Standard circulation coin |
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| Obverse description | Central field displays a cruciform arrangement of four heraldic shields: three shields aligned horizontally across the center and one positioned below, forming a cross-like grouping. A cardinal's hat is depicted above the shields. The surrounding legend, rendered partially or fully in Gothic lettering, names Archbishop Albert and includes the date of issue. The inscription reads ALBER(T): CAR: ARCHIEP(I). (TO) MAG(DE)(B)(VR)., identifying Albert as Cardinal and Archbishop of Magdeburg. |
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| Mintage | 1520 - 15Z0 - 1521 - 15Z1 - 1522 - 15ZZ - 1523 - 15ZZ/15Z3 - 1524 - 15Z4 - 1525 - 15Z5 - 1526 - 15Z6 - 1530 - - |
| Additional information |
Albert IV of Brandenburg — better known as Albert of Brandenburg-Ansbach or Cardinal Albert — simultaneously held the sees of Magdeburg, Halberstadt, and Mainz by the 1510s, a concentration of ecclesiastical power achieved through aggressive papal dispensation and substantial Fugger banking loans. It was precisely this debt that drove him to authorize an aggressive indulgence campaign in his territories, the proceeds of which were to be split with Rome. That campaign, run partly by Johann Tetzel through Magdeburg, directly provoked Luther's Ninety-Five Theses in 1517.
These groschen were struck against that exact backdrop of financial strain.