4 Heller - Charles

Hesse-Cassel's heller denominations in this period were struck primarily to satisfy petty transaction demand in a territory whose larger silver coinage was chronically absorbed by military expenditure — Landgrave Charles had been a significant contributor of troops to the War of the Spanish Succession, and the financial strain lingered well into the 1720s. The billon content here is notably low even by heller standards, reflecting ongoing pressure on the Cassel mint to stretch bullion as far as the alloy would permit.