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24 Kreuzer - Joachim Ernest Kipper
| Issuer | Brandenburg-Ansbach, Margraviate of |
|---|---|
| Year | 1621-1622 |
| Type | Log in to see details |
| Value | 24 Kreuzers (⅓) |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 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 | Imperial double-headed eagle displayed with both heads facing outward, wings spread. On the eagle's breast, a rounded orb bears the denomination numeral '24', referencing the coin's value of 24 Kreuzer. A Latin legend surrounds the eagle along the outer border. |
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| Additional information |
The Kipper und Wipper crisis of 1621–1622 was one of the most destructive currency debasements in German history. Princes across the Holy Roman Empire — Brandenburg-Ansbach among them — raced to mint debased small-denomination coins, collect good silver in exchange, then watch neighboring territories absorb the losses. Joachim Ernest participated aggressively in this scramble, issuing large quantities of lightweight Kreuzer coinage through a network of hastily licensed mints operating well outside normal imperial standards.
The inflation collapsed with remarkable speed. By late 1622 the bubble had burst, leaving ordinary subjects holding worthless copper-heavy coins and most issuing authorities quietly distancing themselves from the episode.