20 Kreuzers - Maria Theresa

Maria Theresa's 20 Kreuzer issues of this period were minted under the monetary reforms she implemented following the Seven Years' War, which had left Habsburg finances severely strained. The Hungarian mint at Kremnitz (Körmöcbánya) was among the primary production facilities, operating under strict Vienna oversight despite Hungary's distinct constitutional status within the Empire. The KM#381 attribution covers several die varieties across the fourteen-year run, catalogued under H#1700, H#1701, and H#1704 — differences subtle enough that misattribution in dealer inventories is routine. Maria Theresa continued striking coins in her own name until her death in 1780, making terminus dating on individual pieces dependent on die analysis rather than the regnal year alone.