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Pfennig - Frederick III

Issuer Duchy of Styria (Austrian States)
Year 1325-1360
Type Standard circulation coin
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Obverse description A stylized heraldic lily (fleur-de-lis) occupies the central field, its stem rising from a horizontally banded, shield-like trapezoidal charge that divides the design vertically. The lateral petals of the lily curl outward symmetrically, framing the central motif, while the uppermost finial is surmounted by a small cross. The entire composition is enclosed within a beaded and pearled outer border, characteristic of the Styrian bracteate-influenced pfennig tradition. No legend is present. The flan is irregular and slightly clipped, as is typical of hammered coinage of this period.
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Reverse description The reverse is uniface and entirely blank, bearing only the incuse impression of the obverse design transferred through the thin silver flan during the hammering process, consistent with the bracteate-style striking technique employed for Styrian pfennigs of the fourteenth century.
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Additional information

Frederick III of Habsburg ruled Styria during a period of persistent dynastic friction between the Albertinian and Leopoldine lines — the division formalized at the Treaty of Neuberg in 1379 would come just after his reign, but its tensions were already reshaping administration and minting authority throughout the Alpine duchies. These thin, bracteate-style pfennigs were the working currency of the region, circulating alongside the larger groschen issues but serving local markets where small change mattered more than prestige coinage. At 0.55 g, survival in any condition requires luck; the fabric is unforgiving.

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