32 Schilling Gulden

Lübeck's 32-Schilling Gulden of 1747–48 was struck during a period when the city's commercial dominance in the Baltic had long peaked, yet its mint continued issuing high-denomination silver to meet the demands of a merchant class still conducting significant long-distance trade. The denomination itself reflects the hybrid accounting systems common to northern German city-states, where local Schilling reckonings were mapped awkwardly onto the broader Gulden currency framework used across the Holy Roman Empire.

KM#162 is a two-year type, suggesting the dies were retired or the issuing authority revised coinage policy shortly after production began.