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24 Kreuzer - Maximilian I Kipper

Issuer Bavaria, Duchy of
Year 1622
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Reference(s) Hahn#85, Götz#84
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Reverse script Latin
Reverse lettering ADIVTOR*NOST*NOMINI*DOMINI (24)
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Additional information

The Kipper und Wipper crisis of 1619–1623 was one of the most catastrophic monetary debasements in European history, driven by German states — Bavaria very much included — deliberately minting underweight silver coins to extract profit before their neighbors caught on. Maximilian I, freshly elevated to Elector following his victory at White Mountain in 1620, was simultaneously financing the most expensive military campaign in Bavarian history and systematically degrading his own coinage to do it.

The 24 Kreuzer denomination was a creature of the crisis — a value point that barely existed before and largely vanished after. Hahn 85 and Götz 84 align on this type without significant die variety disputes.

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