Copper Denier - Maria Theresa

Maria Theresa's Hungarian copper coinage of the late 1760s was a direct response to chronic small-denomination shortages across the kingdom, worsened by the costs of the Seven Years' War and the subsequent monetary reforms her advisors pushed through Vienna. The Kremnitz mint — Körmöcbánya in Hungarian — handled the bulk of this output, one of the oldest continuously operating mints in Europe at the time.

The five-year span of this issue reflects the grinding pace of monetary stabilization rather than any single reform decree.