Schinderling, low-value coin with low silver content; coined 1457-1460 as pfennig and kreuzer by the mints under Friedrich III (except in Vienna), by members of the aristocracy who had been granted coinage rights and by the mints under Albrecht VI in what today is Upper Austria. The resulting inflation was relieved by an exchange at a 4 : 1 ratio but its effects still persisted for some considerable time. As a consequence the Vienna pfennig, well known in the late Middle Ages, finally lost its good reputation.
Literature: A. Pohl, Die Grenzlandprägung, 1972; B. Koch (ed.), Corpus Nummorum Austriacorum, vol. 1, MA, 1994.