1⁄96 Thaler

Stralsund in 1706 was under Swedish administration — the city had been under Swedish control since the Peace of Westphalia in 1648 and would remain so until 1815. Small fractional silver of this type circulated alongside Swedish imperial coinage, filling the gap left by the chronic shortage of low-denomination coin that plagued the Baltic trading ports throughout the early eighteenth century. At 1⁄96 of a Thaler, this is about as small a silver denomination as German minting practice would tolerate before silver content became essentially nominal.