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.
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.