Shilling

Zürich's civic coinage operated largely independent of imperial monetary reform during this period — the city resisted the spread of the Guldengroschen-based system far longer than many of its neighbors, continuing to issue small billon denominations suited to local market trade rather than long-distance commerce. The shilling functioned as a working coin of the Zürich market economy across nearly a full century of production, spanning the Reformation upheaval under Zwingli, the subsequent confessional conflicts, and the city's consolidating authority over its hinterland.

The near-century span of this type makes die attribution complex. HMZ distinguishes multiple subtypes within 2#1130.