1 Thaler - Gábor Bethlen

Bethlen struck this thaler at the height of his involvement in the Thirty Years' War, having invaded Royal Hungary twice by this point and briefly claimed the Hungarian crown in 1620 before renouncing it under the Peace of Nikolsburg the following year. That treaty, signed January 1622, was barely ink-dry when this coin entered production — the timing places it squarely within his post-settlement consolidation of Transylvanian authority and the substantial territorial concessions he extracted from the Habsburgs.

Resch's catalogue distinguishes at least two die combinations for this year across entries 170–171.