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Pfennig Bear facing left

Issuer Canton of Appenzell Innerrhoden
Year 1737
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Value 1 Pfennig (1⁄480)
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Obverse lettering APPENZELL
Reverse description The reverse presents a plain, largely unadorned field showing faint die-struck elements, likely a simple cross or abstract device consistent with minor Swiss cantonal pfennig coinage of the period. The surface is smooth with minimal relief, and no legible legend or inscription is present, reflecting the rudimentary character typical of small-denomination billon pfennigs struck for local circulation.
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Additional information

Appenzell Innerrhoden remained staunchly Catholic after the canton split from Ausserrhoden in 1597, and its coinage reflects a jurisdiction that jealously guarded local minting rights long after neighboring cantons had consolidated theirs. By 1737, billon issues of this size were already economically marginal — fractions of a pfennig's purchasing power — yet the canton continued striking them as a direct assertion of independent monetary authority within the Swiss Confederation.

The HMZ reference places this among a tightly documented series. At 0.2 g, die alignment and centering on surviving examples vary considerably, an expected consequence of hand production at a minor cantonal facility.

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