15 Kreuzers - Leopold I Graz

Leopold I's 15 Kreuzer pieces from the Graz mint emerged during one of the most financially strained periods of his reign — the empire was simultaneously funding campaigns against the Ottomans and suppressing the Transylvanian ambitions of György Rákóczi II's successors, leaving the Habsburg treasury chronically short. The Graz facility, operating under the Inner Austrian administration, struck these in large volumes across the five-year span, which accounts for the wide die variety range documented by Herinek.

Debasement crept into the series as the years progressed, a pattern consistent across most mid-century Habsburg silver of this denomination.