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4 Kreutzers
| Issuer | City of St. Gallen |
|---|---|
| Year | 1621-1622 |
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| Composition | Log in to see details |
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| Diameter | 22 mm |
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| Obverse description | Within a rope-bordered inner circle, the rampant bear of St. Gallen faces left, depicted in high relief with detailed fur texture. The denomination numerals '4' and 'K' flank the bear to the left and right respectively within the field. The date appears in the lower exergual area of the inner circle. The circular legend surrounding the inner border reads MON : NO : CIVI : SANGALLENSIS, identifying this as a new coinage of the city of St. Gallen. |
|---|---|
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| Obverse lettering | 4K MON : NO : CIVI : SANGALLENSIS ⬩ ⬩ 1621 ⬩ |
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| Additional information |
St. Gallen struck these billon pieces during the acute small-change crisis that swept the Holy Roman Empire in the early 1620s — the period known as the Kipper- und Wipperzeit, when debasement of subsidiary coinage reached catastrophic levels across German-speaking territories. Mints large and small, including free cities like St. Gallen, rushed debased issues into circulation to profit from the arbitrage between face value and metal content before the system collapsed. The crisis effectively ended when the Emperor mandated a return to the 1559 imperial monetary standard.