Horngroschen Public Deposited
The name given to a series of silver coins issued by the Elector Ernst of Saxony, jointly with his brother Albrecht and his uncle Wilhelm (1464-1486). There are numerous varieties of mint-marks for Leipzig, Colditz, Freiberg, Zwickau, etc. Dated specimens exist as early as 1465. See Frey (No. 109). There are also Hornpfennige of the same design for various parts of Thuringia including the city of Erfurt. All of these coins obtain their names from the shield on the reverse which is surmounted by a helmet with ox horns.
- Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)