!!!Schinderling

Schinderling, low-value coin with low silver content; coined 1457-1460 
as pfennig and kreuzer by the mints under Friedrich III (except 
in Vienna), by members of the aristocracy who had been granted coinage 
rights and by the mints under Albrecht VI in what today is Upper 
Austria. The resulting inflation was relieved by an exchange at a 
4 : 1 ratio but its effects still persisted for some 
considerable time. As a consequence the Vienna pfennig, well known in 
the late Middle Ages, finally lost its good reputation.

!Literature
A. Pohl, Die Grenzlandpraegung, 1972; B. Koch (ed.), 
Corpus Nummorum Austriacorum, vol. 1, MA, 1994.


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