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1⁄96 Thaler - Frederick III
| Issuer | Duchy of Schleswig-Holstein-Gottorp |
|---|---|
| Year | 1622-1623 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Thaler (1560-1753) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Central device depicts a crowned orb (Reichsapfel) bearing the numeral '96' within the lower hemisphere, indicating the coin's denomination as 1/96 of a Thaler. A cross surmounts the orb, and the entire device is enclosed within a beaded inner circle. A Latin peripheral legend, partially legible, surrounds the central device, with a toothed or milled border at the coin's edge consistent with hammered technique of the period. |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Plain |
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| Additional information |
Frederick III of Schleswig-Holstein-Gottorp was only ten years old when this coin was struck, ruling under the regency of his mother Maria of the Palatinate-Simmern. The 1⁄96 thaler denomination — a tiny fraction coin — was a product of the Kipper und Wipperzeit, the catastrophic currency debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623, during which mints across German territories issued vast quantities of small, underweight silver fractions to exploit arbitrage in metal values.
Gottorp's participation in this debased coinage was politically convenient but short-lived. The crisis collapsed under its own weight by 1623.