1 Schilling - Magnus Hapsal, four-sectioned shield

The Bishopric of Ösel-Wiek was one of the last ecclesiastical states in Livonia to resist the pressures of the Reformation and the collapsing Livonian Confederation. Magnus of Holstein, appointed bishop in 1560, was navigating an impossible position — a Danish prince ruling a shrinking territory as the Livonian War ground through the region. This schilling was struck just four years before Magnus effectively abandoned his episcopal role to pursue his ultimately disastrous ambitions as a Russian client king under Ivan the Terrible.