3 Pfenning - Victor II Frederick

Victor II Friedrich ruled Anhalt-Bernburg for less than three years, dying in 1765 after a reign marked by financial strain common to the smaller Saxon principalities following the wars of the early eighteenth century. Billon issues of this type — debased silver-copper alloy — were a practical concession to depleted treasury reserves, not a deliberate monetary policy. Anhalt-Bernburg's coinage rights as an independent principality were exercised sparingly, making short-dated issues like this two-year run relatively scarce in any grade.