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15 Kreuzer
| Issuer | Nuremberg, Free imperial city of |
|---|---|
| Year | 1622 |
| Type | Log in to see details |
| Value | 15 Kreuzers (1/4) |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse features the Nuremberg civic arms — a shield charged with a demi-eagle in bend — at center, with the date 1622 divided across the shield's flanks and the denomination XV (15 Kreuzer) inscribed above. The circular legend REIP.NORIMBERG.MON.NOV.ARGENT. surrounds the central device within a beaded border, attesting to Nuremberg's status as a free imperial city and identifying this as a new silver coin of the republic. |
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| Additional information |
This piece is a product of the Kipper- und Wipperzeit — the catastrophic currency debasement that swept the Holy Roman Empire between roughly 1619 and 1623, when mints across Germany and Bohemia raced to produce overvalued, underweight small silver coins to exploit fixed exchange rates. Nuremberg, despite its reputation for civic probity, was not immune. Municipal authorities authorized inflated fractional issues to remain competitive as debased coin from neighboring territories flooded local markets.
By 1623 the collapse was complete, and most Kipper-era coins were demonetized or recalled at a fraction of face value.