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12 Kreuzers - Frederick William Teschen

Issuer Duchy of Teschen Mint
Year 1620-1621
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Value 12 Kreuzers (1/5)
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Obverse script Latin
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Reverse description The ducal arms of Teschen displayed on a shield surmounted by an ornate baroque helmet with elaborate foliate and scroll mantling. Mint-master initials H and L flank the shield at its base. The date 1621 appears in the upper portion of the circular legend, which reads MONETA · NOVA · TESCHIN · H, all contained within a beaded inner circle and an outer beaded border.
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Teschen's 12 Kreuzer issues of 1620–21 fall squarely within the Kipper und Wipperzeit, the currency debasement crisis that swept the Holy Roman Empire during the opening years of the Thirty Years' War. Municipal and territorial mints across Silesia and Bohemia raced to produce overvalued billon and debased silver coinage, and Teschen was no exception. Frederick William, as duke of a small Silesian principality, had both the minting rights and the financial incentive to participate aggressively.

KM#28 is among the less-documented issues from this mint, and survivorship is modest at best.

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