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Denier Bracteate - Philip I

Issuer Upper Palatinate
Year 1477-1508
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Currency Pfennig
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Obverse description Crowned bipartite shield bearing the arms of Pfalz (rampant lion to left) and Mainz (wheel), surmounted by the letter 'P' above the crown, all within a beaded inner circle. The shield is rendered in a Gothic heraldic style typical of late 15th-century German coinage. No legend present in the field.
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Mintage ND (1477-1508)
Additional information

Philip the Elector Palatine — known as Philip the Upright — governed the Upper Palatinate during a period of sustained friction with the Wittelsbach ducal branch in Bavaria, and these thin, single-sided bracteates reflect the monetarily fragmented reality of the late Holy Roman Empire, where regional lords maintained independent striking rights as a matter of political fact rather than delegation. At 0.36 grams, the flan was near the practical lower limit for silver coinage before the metal itself became the liability.

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