1 Heller

Nuremberg's heller coinage of the 1430s was struck during a period when the city was navigating considerable imperial pressure while simultaneously functioning as one of the most commercially active entrepôts in the Holy Roman Empire. The heller itself derived from the earlier Haller pfennig of Schwäbisch Hall, and by this date had depreciated so far from its origins that silver content was minimal — this piece sits near the floor of medieval German small change.

The Kelln and Slg. Erlanger references place this firmly within the documented Nuremberg civic series, a tightly catalogued group given the city's meticulous archive survival.