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1 Pfennig - John Ernest IV

Issuer Duchy of Saxe-Coburg-Saalfeld (German States)
Year 1724
Type Standard circulation coin
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Obverse description Central field displays the elaborately interlaced ducal cypher 'IE' (for Johann Ernst, Johann Ernst IV) rendered in ornate calligraphic script, surmounted by a ducal crown. Small decorative rosette ornaments flank the monogram on either side in the field. The design is unlettered, relying solely on the crowned cipher as the principal device.
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Obverse lettering JE
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Additional information

John Ernest IV ruled Saxe-Coburg-Saalfeld for only four years, from 1721 until his death in 1729, leaving a thin coinage record. The duchy itself was a product of the repeated Ernestine Saxon partitions — that branch of the Wettin family had divided and subdivided its territories so many times through inheritance that by the early eighteenth century it controlled a patchwork of small, economically marginal holdings. Small copper pfennig issues like this one served local market transactions the silver coinage rarely reached.

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