1 Pfennig 'Matthiaspfennig'

Goslar's civic coinage in the fifteenth century was closely tied to the city's control over the Rammelsberg silver mines — one of the most productive ore deposits in medieval Europe. The 'Matthiaspfennig' designation almost certainly references St. Matthias, whose feast day (February 24th) may have governed a minting cycle or market authorization. Small-denomination civic pfennigs of this type rarely survived in quantity; they were struck light, circulated hard, and melted the moment silver valuations shifted.