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16 Gute Groschen

Issuer Magdeburg, City of
Year 1672-1673
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Value 16 Gute Groschen (⅔)
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Obverse description The city arms of Magdeburg displayed within an oval baroque cartouche at center, depicting a fortified gateway with towers and the standing figure of the Virgin Mary above, all set within a beaded inner circle. A circular Latin legend surrounds the central device, reading MONETA NOVA CIV MAGDEBURG. The mintmaster's initials C–P appear in the lower field flanking the cartouche. The overall design is characteristic of the late seventeenth-century German municipal coinage tradition.
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Edge Reeded
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Magdeburg had been virtually annihilated in 1631 when Imperial and League forces under Tilly sacked and burned the city, killing the majority of its population in one of the Thirty Years' War's most catastrophic episodes. Recovery was slow, and the city's resumption of autonomous coinage in the 1670s reflects the gradual reassertion of civic identity and commercial function following that destruction. The 16 Gute Groschen denomination belonged to the Gute Groschen reckoning system tied to the Leipzig Foot, established to bring order to the fractured currency conventions of post-war northern Germany.

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