1 Goldgulden

Frankfurt's goldgulden issues of this period were struck under the city's own mint authority, a privilege the Free Imperial City guarded fiercely against encroachment from both the archbishop of Mainz and the counts of Hanau. The Rhenish goldgulden standard, codified by the Kurverein of 1386, bound Frankfurt's output to a fineness agreement shared with Mainz, Trier, Cologne, and the Palatinate — deviation risked exclusion from the trade network the coin existed to serve.

Fr#937 is among the scarcer civic goldgulden attributions of the early fifteenth century. Frankfurt's total minting volume during these fifteen years was modest against the output of the electoral mints.