1 Pfennig

Nuremberg's pfennigs of this period were struck under the city's expanding autonomy following Emperor Charles IV's 1356 Golden Bull, which effectively locked in the city's status as a privileged imperial site. The city mint operated with considerable independence by the 1380s, producing bracteate-style pfennigs that circulated primarily within the city's immediate trade networks rather than across broader regional routes.

The Erlanger 41/100 references place this among the documented Nuremberg hälbling and pfennig series catalogued from the municipal collection — thin, fragile strikes prone to cracking at the flan edges, which accounts for the difficulty in finding undamaged survivors today.