1⁄20 Reaal '1⁄20 Leicesterreaal / Stoter'

The Leicester reaal series was struck by Zeeland in direct response to the monetary chaos following the Earl of Leicester's governorship of the Dutch Republic — a period when multiple competing authorities issued coin and existing denominations lost coherent value. Zeeland's provincial mint pressed ahead with its own fractional silver partly to assert fiscal autonomy and partly to fill a genuine gap in small-denomination circulation left by the disruption. The stoter denomination had deep roots in the Low Countries as a unit of account, and this issue anchored it to a physical coin at a moment when that connection had become unreliable.