1 Groschen Bauerngroschen

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.