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1 Groschen Bauerngroschen

Issuer Goslar, City of
Year 1477-1481
Type Standard circulation coin
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Obverse description The city arms of Goslar displayed on a shield, surmounted by a crowned helmet crest bearing a double-headed eagle with spread wings; above the helmet, a trefoil or floral finial is visible. The entire device is rendered in the bold, somewhat archaic relief characteristic of late 15th-century German hammered coinage. A circular beaded border frames the design, with the Gothic uncial legend MOnETA*nOVA-GOSLARIEn ('New Money of Goslar') distributed around the field.
Obverse script Latin (uncial)
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Additional information

Goslar's municipal coinage of the late 15th century was tied directly to the silver output of the Rammelsberg mine, one of the most productive ore deposits in medieval Europe and the economic engine behind the city's independence. By the 1470s, Goslar was fighting a losing battle to maintain that independence against the encroachments of the Dukes of Brunswick-Wolfenbüttel, who ultimately gained control of the mine itself in 1552. These groschen circulated during a decade when the city still controlled its own monetary output — a window that would not remain open much longer.

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