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1 Hälbling - Abt Siegfried of Recken
| Issuer | Abbey of Pegau |
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| Year | 1185-1224 |
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| Currency | Denier |
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| Obverse description | Bracteate half-pfennig (Hälbling) struck on a semicircular flan, produced by cutting a full bracteate. A crutch cross occupies the central field, with a frontal bust of the abbot and a crozier depicted in the angles formed by the cross arms. The relief is characteristic of Romanesque die-work, with bold but somewhat schematic rendering of the ecclesiastical figure. The flat straight edge corresponds to the cut line, while the curved edge retains the original bracteate border. No legend is present. |
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| Reverse description | Blank, as is typical of bracteate coinage, where the design is struck in relief on one side only, leaving the reverse as a corresponding incuse impression with no intentional design. |
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| Additional information |
Pegau Abbey, founded in 1096 by Wiprecht von Groitzsch, held minting rights that produced some of the most distinctive bracteate coinage in Saxony. Abt Siegfried's tenure spanned nearly four decades, and the hälbling — a half-bracteate by weight — reflects the fragmented small-denomination economy of the region during the Hohenstaufen period, when ecclesiastical mints frequently issued fractional pieces to serve local market exchange that imperial coinage failed to reach.