1 Guter Pfenning - Christian Frederick Charles Alexander

Brandenburg-Ansbach spent much of the eighteenth century as a financial liability to the Hohenzollern dynasty, its court debts chronic and its revenues insufficient. Christian Frederick Charles Alexander, the last reigning Margrave, ultimately resolved the problem by leasing the entire territory to Prussia in 1791 and retiring to England. These small silver pfennigs, struck across just four years, belong to the twilight administration of a margraviate already in quiet economic decline.