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1 Pfennig

Issuer Augsburg, Free city of
Year 1548-1562
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Shape Round (irregular)
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Reverse script Latin
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Mintage 1548 - (15)48 -
1551 - (15)51 -
1553 - (15)53 -
1554 - (15)54 -
1555 - (15)55 -
1558 - (15)58 -
1559 - (15)59 -
1561 - (15)61 -
1562 - (15)62 -
Additional information

Augsburg's pfennig coinage of this period reflects the city's position as one of the wealthiest commercial centers in the Holy Roman Empire — home to the Fugger and Welser banking dynasties whose capital flowed across three continents. The city held mint rights as a free imperial city, answering directly to the Emperor rather than any territorial prince, which gave its coinage unusual political independence for such a small denomination.

The Forster/Schmidhäuser reference places this type firmly within Augsburg's mid-sixteenth century civic issues. Silver pfennigs of this size and period circulated hard in local trade; survivors in collectible condition are genuinely scarce.