Regional Pfennig
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Regional Pfennig
The regional ''pfennig'' was a type of ''pfennig'', a low denomination coin used in the Holy Roman Empire that began to appear in the 10th century after the period of the supra-regional ''pfennigs'' (mid-8th to mid-10th centuries) following the coin reform of the Emperor Charlemagne of Francia. With the increasing allocation of royal minting rights under the ''Münzregal'' to other mints, different types of ''pfennig'' emerged. The mints with their own minting rights included those cities that had attained a special degree of independence, in some cases even imperial immediacy. However, a localization of coinage was partly counteracted by a move by cities to form minting associations or ''Münzvereins'',Kluge (1974), p. 43. in which minting agreement standards for the weight and, above all, the fineness of coins were set. which must not be undercut in order to ensure unrestricted convertibility of the coins within the contract area. In later centuries, larger denominations of higher ...
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Pfennig
The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- or ''-inc'' suffix was used, in addition to ''-ung'', the formation of affil ...
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Currency Money
Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. Currency money is usually made of silver or gold, but in very rare cases plated metal and even copper may be used. Currency or face value coins are a type of commodity money, money whose value is derived from the what it is or what it is made of (e.g. shell, cigarettes, tea or a certain metal) as opposed to coins whose metal value is less than their nominal value, paper money, and deposit or book money, which are fiat money Fiat money (from la, fiat, "let it be done") is a type of currency that is not backed by any commodity such as gold or silver. It is typically designated by the issuing government to be legal tender. Throughout history, fiat money wa ...
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Fineness
The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: ''millesimal fineness'' expressed in units of parts per 1,000 and '' karats'' or ''carats'' used only for gold. Karats measure the parts per 24, so that 18 karat = = 75% and 24 karat gold is considered 100% go ...
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Friesach Pfennig
Friesach ( sl, Breže) is a historic town in the Sankt Veit an der Glan district of Carinthia, Austria. First mentioned in an 860 deed, it is known as the oldest town in Carinthia. Geography Location Friesach covers an area of 120.83 km2 and its mean elevation is 631 meters above sea level. It is located in northern Carinthia near the border with Styria, about north of its capital Klagenfurt. Municipal arrangement Friesach is divided into the following ''Katastralgemeinden'': Friesach, St. Salvator and Zeltschach. It can be further divided into Friesach proper and the villages and hamlets of Dobritsch, Dörfl, Engelsdorf, Gaisberg, Grafendorf, Guldendorf, Gundersdorf, Gunzenberg, Gwerz, Harold, Hartmannsdorf, Hundsdorf, Ingolsthal, Judendorf, Kräuping, Leimersberg, Mayerhofen, Moserwinkl, Oberdorf I, Oberdorf II, Olsa, Pabenberg, Reisenberg, Roßbach, Sattelbogen, Schratzbach, Schwall, Silbermann, St. Johann, St. Salvator, St. Stefan, Staudachhof, Stegsdorf, Timrian, ...
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Otto Adelheid Pfennig
The ''Otto Adelheid Pfennig'' (OAP) was a German coin type bearing the names of Emperor Otto III of the Holy Roman Empire and his grandmother Adelaide of Burgundy (''Athalhet''), which was minted soon after 983 as a regional ''pfennig'' in the Harz region. Minting took place at more than one mint in the area between Hildesheim and Quedlinburg Quedlinburg () is a town situated just north of the Harz mountains, in the district of Harz in the west of Saxony-Anhalt, Germany. As an influential and prosperous trading centre during the early Middle Ages, Quedlinburg became a center of in ... and lasted unchanged until the middle of the 11th century.''Otto-Adelheid-Pfennig''
at museum-digital.de. Retrieved 28 May 2022.

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Sachsenpfennig
The ''Sachsenpfennig'' ("Saxon ''pfennig''"), sometimes called the ''Wendenpfennig'' or the ''Hochrandpfennig'' ("high rim ''pfennig''") was a well-known coin of the ''pfennig'' type minted in the eastern part of the Stem Duchy of Saxony during the 10th and 11th centuries. It had an upturned perimeter and, next to the Otto Adelheid Pfennig was the most common ''pfennig'' type of its time. ''Sachsenpfennigs'' are the oldest coins minted in Saxony. Its different names represent a lack of clarity within mediaeval numismatics about the coin. Names Julius Menadier called the ''pfennig'' type of the 10th and 11th centuries with an upturned rim the ''Sachsenpfennig'' because it was minted in eastern Saxony. The older name ''Wendenpfennig'' ("Wend ''pfennig''") is inappropriate as a ''pfennig'' that the Wends minted, since they still regarded the coins as ingots or so-called hacksilver and did not mint any coins themselves. According to Menadier, the use of hacksilver and coins are mut ...
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State Coin
During the Kipper und Wipper, ''Kipper'' and ''Wipper'' period and until the late 18th century, state coins (''Landmünzen''} in the German part of the Holy Roman Empire were those that were not minted according to the relevant imperial standard (''Reichsfuß''), but using a lesser alloy and thus were only fit for circulation in the territory of their mint masters. There were therefore a type of fiat coin known as a ''Scheidemünze''. State coins were mostly issued in smaller denominations, but from 1687 even Brandenburg 2/3 ''thalers'' bore the designation “Brandenb. Landmünz."Schrötter (1930), p. 342.Kroha (1997), p. 262. The term "state coin" (') should not be confused with the term "national coins" or "state coinage" ('), which includes all the coins issued by a country. See also * Kipper mints (Electoral Saxony) * Kippertaler References Bibliography * Kroha, Tyll (1997). ''Großes Lexikon der Numismatik''. 2nd edn. Gütersloh: Bertelsmann Lexikon Verlag. * Schr ...
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Scheidemünze
''Scheidemünzen'' (singular – ''Scheidemünze'') were representative coins or token coins issued alongside '' Kurantgeld'' or currency money in Austria and Germany up to start of the First World War in August 1914 whose intrinsic metal value was less than the legal value stamped on them. Like ''Notgeld'' ("emergency money") they were a kind of credit money or fiat coin. The term ''Scheidemünze'' ("division money") referred to the "division into hellers and pfennigs during the purchase process" ("Scheiden auf ''Heller und Pfennig'' beim Kaufvorgang"). It thus applied to the low- to medium-value coins and is often translated as small change coin, small-coin change or just small coin. Since 1915, all coins minted in Germany, including the current euro coins have been ''Scheidemünzen'' or fiat money as opposed to currency or commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or u ...
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Kreuzer (coin)
The Kreuzer (), in English usually kreutzer ( ), was a coin and unit of currency in the southern German states prior to the introduction of the German gold mark in 1871/73, and in Austria and Switzerland. After 1760 it was made of copper. In south Germany the ''kreuzer'' was typically worth 4 '' pfennigs'' and there were 60 ''kreuzers'' to a ''gulden''. Early history The ''kreuzer'' goes back to a '' groschen'' coin minted in Merano in South Tyrol in 1271 (the so-called ''Etscher Kreuzer''). Because of the double cross (German: ''Kreuz'') on the face of the coin, it was soon given the name ''Kreuzer''. It spread in the 15th and 16th centuries throughout the south of the German-speaking area. The Imperial Coinage Act of 1551 made them the unit for small silver coins. In 1559 a value of 60 ''kreuzer'' to 1 ''gulden'' had been adopted throughout the southern states of the Holy Roman Empire, but the northern German states declined to join, and used '' groschen'' instead of ' ...
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Holy Roman Empire
The Holy Roman Empire was a Polity, political entity in Western Europe, Western, Central Europe, Central, and Southern Europe that developed during the Early Middle Ages and continued until its Dissolution of the Holy Roman Empire, dissolution in 1806 during the Napoleonic Wars. From the accession of Otto I in 962 until the twelfth century, the Empire was the most powerful monarchy in Europe. Andrew Holt characterizes it as "perhaps the most powerful European state of the Middle Ages". The functioning of government depended on the harmonic cooperation (dubbed ''consensual rulership'' by Bernd Schneidmüller) between monarch and vassals but this harmony was disturbed during the Salian Dynasty, Salian period. The empire reached the apex of territorial expansion and power under the House of Hohenstaufen in the mid-thirteenth century, but overextending led to partial collapse. On 25 December 800, Pope Leo III crowned the List of Frankish kings, Frankish king Charlemagne as Carolingi ...
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Imperial Immediacy
Imperial immediacy (german: Reichsfreiheit or ') was a privileged constitutional and political status rooted in German feudal law under which the Imperial estates of the Holy Roman Empire such as Imperial cities, prince-bishoprics and secular principalities, and individuals such as the Imperial knights, were declared free from the authority of any local lord and placed under the direct ("immediate", in the sense of "without an intermediary") authority of the Holy Roman Emperor, and later of the institutions of the Empire such as the Diet ('), the Imperial Chamber of Justice and the Aulic Council. The granting of immediacy began in the Early Middle Ages, and for the immediate bishops, abbots, and cities, then the main beneficiaries of that status, immediacy could be exacting and often meant being subjected to the fiscal, military, and hospitality demands of their overlord, the Emperor. However, with the gradual exit of the Emperor from the centre stage from the mid-13th century on ...
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