Pfennig - Frederick III

Frederick III (styled "the Fair") ruled Austria jointly and then in contest with his Wittelsbach rival Louis IV, whose defeat of Frederick at the Battle of Mühldorf in 1322 effectively ended Austrian imperial ambitions for a generation. These bracteate-style pfennigs were struck across that turbulent window, and the minting authority shifted in practical terms as Frederick's political position deteriorated after his capture at Mühldorf and subsequent imprisonment at Trausnitz until 1325.