Augsburg's 1627 double thaler falls squarely within the chaos of the Kipper- und Wipperzeit's aftermath — the currency debasement crisis of 1619–1623 that had gutted confidence in German coinage across the Empire. By 1627, the city was producing heavy silver pieces partly to reassert its monetary credibility, and partly because Ferdinand II's ongoing consolidation of imperial authority made visible civic loyalty a matter of survival. Augsburg would fall under direct imperial military occupation the following year, its Protestant majority forcibly suppressed under the Edict of Restitution in 1629.
Augsburg's 1627 double thaler falls squarely within the chaos of the Kipper- und Wipperzeit's aftermath — the currency debasement crisis of 1619–1623 that had gutted confidence in German coinage across the Empire. By 1627, the city was producing heavy silver pieces partly to reassert its monetary credibility, and partly because Ferdinand II's ongoing consolidation of imperial authority made visible civic loyalty a matter of survival. Augsburg would fall under direct imperial military occupation the following year, its Protestant majority forcibly suppressed under the Edict of Restitution in 1629.