Logo Title
obverse
reverse
Historisches Museum Frankfurt
Context
Years: 1631–1633
Country: Germany Country flag
Issuer: Aachen
Period:
(1166—1798)
Currency:
(1504—1798)
Demonetized: Yes
Material
Composition: Silver
Magnetic: No
References
KM: #Click to copy to clipboard16
Numista: #377742

Obverse

Description:
Charlemagne half-figure above arms, date.
Inscription:
MO REG SED DAQVISGRAN

3 1
Script: Latin

Reverse

Description:
Ferdinand II's imperial eagle.
Inscription:
FERDINAND II RO IM SE AVG

Edge

Mintings

YearMint MarkMintageQualityCollection
1631
1633

Historical background

In 1631, the Free Imperial City of Aachen was entangled in the profound monetary chaos of the Thirty Years' War. As a key trading centre within the Holy Roman Empire, Aachen's economy was acutely vulnerable to the region's widespread financial instability. The city's official currency, the Reichsthaler, was theoretically governed by imperial monetary ordinances, but in practice, its value and availability were severely disrupted. The war had fractured the imperial monetary system, leading to a flood of debased coinage from various warring princes and territories circulating alongside Aachen's own issues, causing rampant inflation and a loss of public trust in coinage.

This period saw Aachen's mint, like many others, engaging in Kipper- und Wipperzeit practices—the clipping and debasement of coins to create short-term revenue for the city's defence and obligations. While providing immediate funds, this strategy eroded the intrinsic silver content of coins, accelerating a vicious cycle where newer coins were worth less than older ones. Merchants and citizens became wary, often hoarding older, higher-value coins or demanding payment in weighed silver bullion, which further stifled everyday commerce and the city’s famed trade fairs.

Consequently, Aachen's authorities faced the immense challenge of maintaining fiscal sovereignty and economic stability. They had to balance the urgent need for war finances with the long-term necessity of preserving the credibility of their currency to protect both the city's treasury and its commercial livelihood. The situation in 1631 was thus a microcosm of the Empire's wider crisis: a struggle to uphold a stable monetary order amidst the corrosive pressures of war, where the value of money was as contested as the battlefield itself.
Legendary