Frederick III of Habsburg ruled Styria during a period of near-constant dynastic contest within the Habsburg family itself, the duchy passing through multiple claimants across the mid-fourteenth century. These small bracteate-style pfennigs circulated regionally and were minted under conditions of fragmented authority, which accounts for the considerable die variation observed across surviving examples of this type.
Frederick III of Habsburg ruled Styria during a period of near-constant dynastic contest within the Habsburg family itself, the duchy passing through multiple claimants across the mid-fourteenth century. These small bracteate-style pfennigs circulated regionally and were minted under conditions of fragmented authority, which accounts for the considerable die variation observed across surviving examples of this type.