3 Kreuzers - Groschen - Ferdinand II Prague

Ferdinand II's Bohemian coinage of this period was minted under circumstances shaped directly by the Kipper und Wipper crisis — a debasement catastrophe that had, just years earlier, flooded Central Europe with underweight and fraudulent small silver. The 1624 Prague issues mark the stabilization phase, when imperial authorities were clawing back monetary credibility across the Habsburg hereditary lands following the chaos of 1619–1623.

Prague's mint was among the most politically charged in the empire during these years. Ferdinand had reclaimed Bohemia by force after the Battle of White Mountain in 1620, and the mint itself had been leased to a consortium — including Albrecht von Wallenstein — that profited enormously from the earlier debasement before the crown terminated the arrangement.