Pfennig - Frederick the Fair Graz

Frederick the Fair ruled as Duke of Austria and Styria while simultaneously pressing his claim to the Holy Roman imperial throne — a contest he lost to Louis IV of Bavaria at the Battle of Mühldorf in 1322, after which he was held prisoner for several years. Styrian minting under his name continued regardless, the duchy's mint at Graz operating with considerable administrative independence from the ongoing dynastic turmoil. The CNA D80 classification places this among the bracteate-influenced thin silver issues characteristic of Styrian production in the early fourteenth century, struck at weights already in decline from the previous generation's standard.