1/4 Thaler - Ferdinand III

Ferdinand III ruled as King of Hungary from 1625 and simultaneously navigated the grinding final decades of the Thirty Years' War, which drained imperial finances severely enough that fractional thalers like this quarter were struck to supplement larger denominations that increasingly vanished from circulation through hoarding. The Kremnitz mint — Hungary's primary silver facility, drawing on ore from the rich mining towns of Upper Hungary — handled the bulk of this production across the long seventeen-year span of this type.

The ÉH#949 attribution places this squarely within Érdy's Hungarian coinage classification, cross-referenced against Huszár's catalogue as H#1258. The seventeen-year run without a major type change is itself telling — fiscal stability was elusive, but minting infrastructure at Kremnitz held.