200 Korun Currency Reform of Wenceslaus II

Wenceslaus II's currency reform of around 1300 was one of the most consequential monetary reorganizations in medieval Central European history — he effectively centralized Bohemian silver production by abolishing the chaotic system of regional mint rights and consolidating striking at Kutná Hora, which sat atop some of the richest silver deposits in Europe. The Prague groschen that emerged from that reform became a dominant trade coin across the continent for over a century.

KM#46 is part of the Czech National Bank's ongoing commemorative series marking pivotal moments in Bohemian and Czech history. Kutná Hora's mines were already in severe decline by the late 15th century, a fact that quietly undercuts the triumphalism such issues tend to project.