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1 Pfennig

Issuer Fürstenwalde, City of
Year 1621-1622
Type Standard circulation coin
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Obverse description Two conjoined oval cartouches dominate the field, each enclosing one element of the municipal arms of Fürstenwalde: an eagle displayed in the left cartouche and a tree in the right cartouche. The date appears in the upper field above the cartouches, and the initials FW are positioned in the lower field beneath them. The design is contained within a beaded border, characteristic of hammered copper coinage of the early seventeenth century.
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Reverse description The reverse is entirely blank, with no design, legend, or ornamental device, a characteristic feature of small-denomination hammered copper pfennig coinage of this period.
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Additional information

Fürstenwalde's copper pfennig issues of 1621–22 fall squarely within the Kipper und Wipperzeit — the catastrophic currency crisis that swept the German states between roughly 1619 and 1623, during which municipal and territorial authorities debased coinage so aggressively that the entire small-denomination monetary system collapsed. Cities like Fürstenwalde issued emergency coppers partly to fill the vacuum left by the disappearance of honest silver from circulation, hoarded or melted the moment it appeared. The Brandenburg town had limited minting infrastructure, which accounts for the extreme lightness of this piece.

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