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1 Pfennig - Peter of Schaumburg

Issuer Bishopric of Augsburg
Year 1441-1469
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Shape Round with 4 pinches
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Obverse description Facing bust of the bishop depicted in a highly stylized, archaic manner, wearing a mitre adorned with decorative elements at its crown. The effigy is rendered with schematic facial features — pronounced circular eyes, a broad nose, and a wide mouth — characteristic of late medieval German bracteate-style coinage. A crozier is visible to the left of the bust, and what appears to be a secondary ecclesiastical attribute to the right. The design fills the entire flan, with no surrounding legend, executed in bold relief typical of hammered pfennigs of the period.
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Reverse lettering B
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Peter von Schaumburg held the Augsburg episcopate for over three decades, navigating the fractious politics of the mid-fifteenth century including the turmoil surrounding the Council of Basel's lingering schism. Augsburg's bishops held the right of coinage within their territory, and these small silver pfennigs served local ecclesiastical markets and daily trade in a diocese that was rapidly becoming one of the wealthiest commercial centers in the German-speaking world — Fugger money was already beginning to accumulate nearby.

Steinh#177 is among the thinner and lighter issues of the type, a detail that reflects broader regional debasement trends of the 1450s–60s.

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