This coin has some really nice toning on the crest and displays near mint condition all over. The strike is clean and the details are strong. It was issued in the first year after the Kaiserreich mostly referred to as the German Empire or Austro-Hungarian Empire began.
Scheide münzen or fractional money was a coinage that represented a set portion of one full thaler. The word Thaler would later become Daler and then a little later again became the word Dollar.
This lovely example of a 3 Pfennige coin displays on the obverse 120 One Thaler.
This denotes that there were 120 of these 3 Pfennige coins required to make up one full thaler. With these types of coins the inner coin metal value was lower than their legally imprinted nominal value.
Within the series produced were four denominations:
1 pfenninge had the value of 1/360th of a thaler
2 pfenninge had the value of 1/180th of a thaler
3 pfenninge had the value of 1/120th of a thaler
4 pfenninge had the value of 1/90th of a thaler
The coin on offer here may only be a fractional coin but the value of it has risen quite a bit over the years. It makes a fantastic addition to any collection of coinage from this period.