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1 Pfennig - John Ⅳ

Issuer Leuchtenberg, Landgraviate of
Year 1487-1531
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Value 1 Pfennig (1⁄288)
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Obverse description Two adjacent heraldic shields displayed side by side: the Leuchtenberg arms at left and, at right, a bust in left profile wearing a pointed hat (Judenhut), characteristic of the regional heraldic tradition. A Gothic letter 'L' appears in the lower field, flanked by five-petalled rosettes on either side. The design is rendered in the medieval hammered style typical of small silver pfennig coinage of the late fifteenth and early sixteenth centuries.
Obverse script Latin
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The Landgraviate of Leuchtenberg was among the smallest and most financially marginal of the German imperial territories, a landlocked enclave in the Upper Palatinate whose rulers spent much of the late fifteenth and early sixteenth centuries negotiating their survival between the ambitions of Bavaria and the Bohemian crown. John IV's reign of over four decades produced relatively little coinage, and the pfennig issues attributed to his rule are poorly documented in contemporary mint records — the references themselves disagree on quantities and sequence.

At 0.25g, this is bracteate-adjacent territory: a coin produced more to assert minting rights than to facilitate trade.

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