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1 Pfennig
| Issuer | Guben, Town of |
|---|---|
| Year | 1621-1622 |
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| Composition | Copper |
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| Obverse description | Central field occupied by a large letter G, the initial of Guben, surmounted by a municipal crown. Within the bowl of the G appears the Pfennig symbol rendered as a stylised monogram. The date, divided to either side of the crown, is struck flanking the upper portion of the design. The overall type is characteristic of small hammered municipal copper coinage of the early seventeenth century. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Guben's copper pfennig issues of 1621–22 fall squarely within the Kipper- und Wipperzeit, the currency crisis that swept the Holy Roman Empire as municipal and princely mints raced to debase coinage for profit. Small towns with minting rights — Guben among them — flooded local markets with lightweight copper and debased billon pieces, exploiting the chaos before imperial authorities moved to suppress emergency issues. At 0.33g, this piece is at the extreme low end of even crisis-era copper coinage.