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1/4 Guldiner - Maximilian Graz

Issuer Austrian Empire
Year 1511
Type Standard circulation coin
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Obverse script Latin
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Reverse description A displayed imperial double-headed eagle occupying the central field, its breast charged with the combined arms of Austria and Burgundy, symbols of the dual heritage of the Habsburg dynasty. The mint mark M appears below the eagle within the legend, serving as an identifier for the Graz mint. The peripheral legend, rendered in Latin, concludes with the date expressed in Roman numerals as M D X I. The overall design reflects the heraldic conventions of early sixteenth-century Habsburg imperial coinage.
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Additional information

The Guldiner family of coins emerged from Maximilian I's attempts to rationalize currency across the Habsburg territories — a project complicated by the fact that he ruled a patchwork of mints with competing local interests. The Graz mint served Styria specifically, and issues from this facility are meaningfully scarcer than their Hall or Innsbruck counterparts. The gold-plated finish on pieces of this type has generated persistent debate: whether applied officially as presentation pieces or added later is often impossible to determine without metallurgical analysis of the plating boundary.

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