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3 Kreuzers - Frederick Ulrich Kipper

Uitgever Brunswick-Wolfenbüttel, Principality of
Jaar 1620
Type Standard circulation coin
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Beschrijving voorzijde Within a beaded inner circle, the rampant Brunswick lion faces left, rendered in a vigorous, somewhat crude hammered style typical of Kipper-period emergency coinage. The beast is depicted with characteristic curled tail and mane, its body filling the inner field. A peripheral legend in Latin characters surrounds the inner circle. The overall strike is irregular, as expected of this wartime issue.
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Beschrijving keerzijde A crowned nimbate imperial double-headed eagle occupies the central field, its wings spread in heraldic display. On the eagle's breast, an orb bears the denomination numeral '3', identifying this as a 3 Kreuzer piece. A partial legend citing the ruler's name and titles — FRED(ericus) II D(ei) G(ratia) — runs around the periphery, though the inscription is partially legible due to the irregular hammered flan and off-center strike characteristic of Kipper coinage.
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Aanvullende informatie

Frederick Ulrich's 3 Kreuzer belongs to the Kipper und Wipper crisis of 1619–1623, arguably the most catastrophic currency debasement in German history before the twentieth century. Territorial mints across the Holy Roman Empire — Brunswick-Wolfenbüttel among them — raced to produce debased small coinage, exchanging it for full-weight silver before neighboring states could react. The profit motive was explicit: mint lessees paid the duke for the right to operate and pocketed the difference between face value and bullion cost.

Frederick Ulrich himself was a weak ruler, and the Kipper operation at his mints was largely driven by financial officials rather than ducal initiative. The crisis collapsed when too many states simultaneously refused the coins.

MISSCHIEN OOK INTERESSANT