1/2 Guldiner - Ernest of Bavaria

Ernest of Bavaria held the Archbishopric of Salzburg from 1540 until his death in 1554, appointed primarily through dynastic maneuvering by the Wittelsbach family rather than ecclesiastical merit — he was, by most accounts, an indifferent administrator who never received full ordination as a bishop. Salzburg's silver coinage of this period draws directly from the region's own mining output in the Gastein and Rauris valleys, which made the Archbishopric one of the few ecclesiastical states capable of sustaining a substantial minting program entirely on local metal supply.

The Zöttl references 400–405 indicate at least six die varieties across the emission period.