1220

WISMAR: Free Hanseatic City, AR 2 schilling, 1523, PCGS EF45

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:85.00 USD Estimated At:100.00 - 150.00 USD
WISMAR: Free Hanseatic City, AR 2 schilling, 1523, PCGS EF45
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WISMAR: Free Hanseatic City, AR 2 schilling, 1523, Schult-3629, MB-21, Kunkel-42a, a well struck example with traces of original luster, PCGS graded EF45, ex Joe Sedillot Collection. The exact date of the city's foundation is not clear. In the oldest existing document of Wismar of 1229 its civic rights are already established. In 1301 Wismar came under the rule of the House of Mecklenburg. In 1259 Wismar joined a defensive agreement with Lübeck and Rostock, in order to effectively counter the numerous Baltic pirates. Subsequently more cities of the northern Holy Roman Empire would agree to cooperate as commerce and trade was increasingly coordinated and regulated. These policies would provide the basis for the development of the Hanseatic League. By the 13th and 14th centuries Wismar had grown into a flourishing Hanseatic trading hub and an important center of wool processing. Although around 2,000 of its inhabitants perished during the plague of 1376, the town remained reasonably prosperous until the 16th century.