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4 Goldgulden

Issuer Cologne, City of
Year 1516
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Weight 14.36 g
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Obverse lettering IASPAR MELCHIO BALTAS A D 1516 O HELI COLON
Reverse description A medieval ship depicted in high relief, sailing to the left with a large central mast and rigging, bearing heraldic banners at the masthead. Eight figures — representing the Three Magi and their retinue — are crowded aboard the vessel, their faces and garments rendered in fine hammered detail. A continuous Gothic circular legend in uncial lettering surrounds the scene, alluding to the victorious journey of the Magi. The hull is elaborately decorated with ornamental scroll-work at the waterline.
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Additional information

Cologne's municipal coinage authority was fiercely guarded by the city council against repeated attempts by the Archbishop to reassert monetary control — a tension that defined Cologne's minting history through much of the fifteenth and early sixteenth centuries. A four-gulden piece represents a high-denomination trade coin, almost certainly struck for large mercantile transactions along the Rhine rather than everyday commerce.

Fr#756a distinguishes this from the more common 756 variety. Freise's attribution places it among the rarest of Cologne's gold multiples.

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