3 Kreuzers - Frederick William Teschen

The Duchy of Teschen's 3 Kreuzer issues of 1620–1622 fall squarely within the Kipper und Wipper period, one of the most destructive monetary crises in Central European history. Smaller states and their mints exploited the chaos of the early Thirty Years' War by debasing coinage aggressively, flooding circulation with underweight silver pieces while hoarding full-weight coin. Teschen was no exception.

Frederick William held the duchy under Habsburg suzerainty, and his mint's output during these years was likely driven as much by fiscal desperation as opportunism — the war had upended normal trade and tax collection across Silesia.