Silver Bracteate Penny Obverse

American Numismatic Society
New York, United States

Silver bracteate penny of Magdeburg in Germany, c. 1152_1192. These thin, one-sided coins were produced cheaply because they were frequently recalled for reminting, which allowed the ruler to make a profit on minting fees (seigniorage) each time (ANS 0000.999.17655).

Details

Title: Silver Bracteate Penny Obverse
Date Created: 1152/1192
Location: Magdeburg
External Link: http://numismatics.org/collection/0000.999.17655
Medium: silver

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Reverse

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Coin Germany Magdeburg Medal Metal Silver