1 Pfennig - Herzog Albrecht II the Wise Graz

Albrecht II ruled Styria as part of the broader Habsburg consolidation of the Austrian duchies, a process formalized by the 1379 Treaty of Neuberg — though he died before that division. His reign saw Styria administered jointly with Austria and Carinthia under Habsburg control, and the Graz mint operated as a regional issuing point throughout. The pfennig denomination at this weight reflects the progressive debasement that afflicted Central European silver coinage across the fourteenth century, driven by sustained warfare costs and plague-related economic disruption following 1347.