1 Schilling - Wolter von Plettenberg Riga, wavy bottom

Wolter von Plettenberg served as Landmaster of the Livonian Order for an extraordinary 51 years, and this issue postdates his greatest military achievement — the 1502 Battle of Smolina, where his forces halted a Muscovite advance that might otherwise have ended Livonian independence a generation early. By 1533, Plettenberg had accepted the title of Prince of the Holy Roman Empire, a status reflected in the prestige these coins were meant to project despite their negligible silver content. The Order's financial position had deteriorated badly by this point.

The "wavy bottom" designation distinguishes this die variant from the straight-bottom type catalogued separately in Haljak II.