4 Pfennig

Nuremberg's small silver Pfennig fractions occupied an awkward position in the late Holy Roman Empire's monetary order — technically conforming to the Conventionsthaler system established by the 1753 Munich Convention, yet practically circulating within a city whose commercial reach had long outpaced its political autonomy. By the 1760s, Nuremberg was heavily indebted and had mortgaged significant civic revenues, which made even minor coinage decisions politically fraught.

The city lost its status as a free imperial city entirely in 1806 when Bavaria absorbed it under Napoleonic reorganization — making this issue, struck across nearly two decades, one of the final chapter of independent Nuremberg coinage.