Paris von Lodron issued this piece during the Kipper- und Wipperzeit, the currency crisis of 1619–1623 in which German and Austrian mints systematically debased their coinage to exploit fixed exchange rates, flooding the Holy Roman Empire with underweight, low-silver billon. Salzburg was not immune to the pressure — neighboring territories were doing it, and the regional economy demanded participation. The crisis ultimately collapsed under its own weight when merchants and money-changers refused the debased coins outright.
Zöttl 1736 places this among the documented Salzburg kipper issues before von Lodron stabilized the archbishopric's coinage in the mid-1620s.
Paris von Lodron issued this piece during the Kipper- und Wipperzeit, the currency crisis of 1619–1623 in which German and Austrian mints systematically debased their coinage to exploit fixed exchange rates, flooding the Holy Roman Empire with underweight, low-silver billon. Salzburg was not immune to the pressure — neighboring territories were doing it, and the regional economy demanded participation. The crisis ultimately collapsed under its own weight when merchants and money-changers refused the debased coins outright.
Zöttl 1736 places this among the documented Salzburg kipper issues before von Lodron stabilized the archbishopric's coinage in the mid-1620s.