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1 Scherf

Issuer Berlin, City of
Year 1621
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Diameter 12 mm
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Obverse description Berlin bear passant to left, depicted within an oval beaded frame at center of the coin field. The device is rendered in a crude, low-relief style characteristic of early 17th-century German municipal copper coinage. The date 1621 appears in separated numerals arranged around the central oval frame. The entire design is enclosed within a roughly struck beaded or toothed border.
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Obverse lettering 1 6 2 1
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Berlin's 1621 Scherf belongs to the emergency coinage proliferation that swept the Holy Roman Empire during the Kipper- und Wipperzeit — a currency crisis so destabilizing that municipal and petty authorities across German lands debased and clipped coinage on an almost industrial scale to exploit the exchange rate differential between bullion value and face value. Cities like Berlin issued copper fractions partly to fill the vacuum left by hoarded silver and partly to extract whatever seigniorage remained. The crisis peaked around 1621–1622 before collapsing under its own weight when confidence in small denominations evaporated entirely.

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