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17 Kreuzer - Maria Theresia Graz

Issuer Graz Mint (Habsburg Austrian Imperial Mint)
Year 1750-1765
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Value 17 Kreuzers (17⁄60)
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Obverse lettering M THERESIA D G R I GER HU & BO REG
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Edge Milled
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Additional information

The 17-kreuzer denomination is one of Habsburg coinage's stranger artifacts — it exists because 60 kreuzers made a gulden, and 17 divides into that structure awkwardly enough that its purpose was essentially transactional arithmetic for specific trade contexts rather than everyday commerce. Graz, as the capital of Inner Austria, maintained its own mint with distinct mintmaster marks throughout Maria Theresia's reign, and the Her#1018-1027 range reflects at least ten recorded die variants across these years.

Maria Theresia's 1750s monetary reforms were partly a response to the fiscal strain of the War of Austrian Succession, which ended in 1748 and left imperial finances severely depleted.

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