Augsburg's fractional thaler production in the early 1620s falls squarely within the Kipper- und Wipperzeit, the catastrophic debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623. Municipal mints across the Empire — including Augsburg's — were under pressure from both private money-changers and territorial princes to produce debased small change at exploitative rates. The 1/9 thaler denomination itself is unusual; fractional thalers of this specific division are uncommon in the Imperial coinage system and likely reflect local commercial necessity rather than any Imperial directive.
Forster/Schmelzing's documentation of this type is the primary reference, and surviving examples are scarce.
Augsburg's fractional thaler production in the early 1620s falls squarely within the Kipper- und Wipperzeit, the catastrophic debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623. Municipal mints across the Empire — including Augsburg's — were under pressure from both private money-changers and territorial princes to produce debased small change at exploitative rates. The 1/9 thaler denomination itself is unusual; fractional thalers of this specific division are uncommon in the Imperial coinage system and likely reflect local commercial necessity rather than any Imperial directive.
Forster/Schmelzing's documentation of this type is the primary reference, and surviving examples are scarce.