SAXONY: Anonymous, ca. 1070-1100, AR pfennig (0.79g), Gumowski-59; Dannenberg-1341, Bishop's crozier surrounded by pellets // cross with pellets and crescents in quarters, raised rims of the randpfennig type, possibly struck at Halle-Giebichenstein or Merseberg, Fine to VF, S. The early pfennige of Saxony have seen a number of different attributions over the years. Some were known as "wendenpfennige" from the native Slavic peoples of eastern Germany and Pomerania and others as "randpfennige" (rim pfennigs) from their up-raised edges and attributed to the early Polish bishoprics and kingdoms. More recent studies have concluded they were civic issues of various eastern cities, with places such as Bremen, Halle-Giebichenstein, Meissen, Merseberg, and Naumburg being cited as points of origin.
Estimate: 75-100 USD