2 Schillings

Hamburg's 2 Schilling coinage of the early 1690s falls within a period when the city-state was navigating severe monetary instability across the Holy Roman Empire — a prolonged depreciation crisis that had hammered North German silver coinage since the Kipper- und Wipperzeit decades earlier. Hamburg's Senate maintained stricter controls than many neighboring mints, which partly explains why Hamburgische silver retained credibility in Baltic and North Sea trade networks when coins from lesser issuers were routinely discounted.

Gaedechens 886 is the standard reference for this type among Hamburg specialists.