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Coinage of Saxony
From Wikipedia, the free encyclopedia
The history of Saxon coinage or Meissen-Saxon coinage comprises three major periods: the high medieval regional pfennig period (bracteate period), the late medieval pfennig period and the thaler period, which ended with the introduction of the mark in 1871/72.[1] Rich silver deposits, which were discovered near Freiberg after the middle of the 12th century, helped Saxony to a leading position in German coinage.
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The Saxon pfennigs (Sachsenpfennige) minted in eastern Saxony are also included, as described in Walther Haupt's Sächsischer Münzkunde ("Saxon Coinage"). They were minted on the basis of the Carolingian monetary reform, on which the oldest Meissen coinage is based.[2] The different names of these pfennig types indicate a still unclear position within medieval numismatics.