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1 Mariengroschen Counterstamp

Issuer City of Hildesheim
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Composition Silver
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Obverse script Latin
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Reverse script Latin
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Additional information

Hildesheim's municipal counterstamp program was a direct response to chronic small-change shortages that plagued German city-states throughout the seventeenth century, when imperial coinage policy failed to guarantee adequate supplies of low-denomination silver. Rather than strike new coin from scratch — an expensive undertaking requiring imperial authorization — civic authorities simply overstamped existing groschen circulating within city limits, reassigning them a local tariff value and bringing them under municipal monetary control.

The specific host coins accepted for counterstamping varied considerably, which is why documented examples differ in underlying type.

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