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24 Kreuzer - Ferdinand II Schweidnitz
| Issuer | Schweidnitz, City of |
|---|---|
| Year | 1622 |
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| Composition | Log in to see details |
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| Reference(s) | KM#23 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A quartered Spanish-style heraldic shield displaying four-fold arms set within an ornate baroque cartouche or frame. The date 1622 appears at the commencement of the surrounding Latin legend, which identifies the denomination and the issuing city of Schweidnitz. The overall design is characteristic of the Kipper und Wipper inflation coinage period, with bold relief elements and a somewhat crude hammered strike. |
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| Additional information |
Schweidnitz struck this coin during the Kipper- und Wipperzeit, the monetary crisis that swept the Holy Roman Empire between roughly 1619 and 1623. Cities, princes, and ecclesiastical authorities across the Empire debased their coinage aggressively to profit from the chaos, flooding markets with underweight silver pieces before the inevitable collapse in exchange rates. Schweidnitz, a Silesian city under Habsburgs rule, was no exception.
The 24 Kreuzer denomination — sometimes called the "Kipperkipper" by contemporaries — was among the most abused of the crisis issues. By 1622, the coin's actual silver content bore almost no relationship to its face value.