1 Pfennig - Charles II Francis of Austria

Styria was administered as a distinct Habsburg hereditary land under Archduke Charles II, who ruled from Graz and maintained his own mint operation independent of the Imperial machinery in Vienna. The extraordinarily low silver content of this denomination — effectively a fractional pfennig-weight piece — reflects the chronic small-change shortage that plagued the Inner Austrian territories throughout the latter sixteenth century, when trade demand consistently outpaced the capacity of provincial mints to produce low-value silver.

Charles died in 1590, and Styria passed to his son Ferdinand, later Emperor Ferdinand II, who would suppress Protestant worship in the duchy with particular severity.