1 Pfennig - Christopher I

Christopher I ruled Baden from 1475 until his death in 1527, though this issue is attributed to the earlier portion of his reign when the margraviate was navigating the fractured political geography of the Upper Rhine. The forty-year production window reflects the chronic inconsistency of small denomination silver coinage in southwestern German territories during this period — dies were reused, updated intermittently, and production was tied to local fiscal need rather than any systematic minting schedule.