1⁄24 Thaler - Frederick Ulrich

Frederick Ulrich's reign over Brunswick-Wolfenbüttel was among the more chaotic in the duchy's history — his administration was effectively captured by favorites and factional nobles, and by 1622 the Kipper und Wipperzeit currency crisis had so thoroughly debased small-denomination coinage across the German states that issues like this 1/24 Thaler were being clipped, sweated, and re-struck at fraudulent weights with alarming frequency. This piece predates the worst of that debasement by a narrow margin.