Sep 11 – 16, 2022
University of Warsaw
Europe/Warsaw timezone

Monetary circulation in Silesia between the State Bankrupcy and the reform of Leopold I: the evidence of the Głogów hoard

Sep 16, 2022, 4:40 PM
Auditorium Maximum - Hall D

Auditorium Maximum - Hall D


Marzena Grochowska-Jasnos (Muzeum Archeologiczno-Historyczne w Głogowie )


The subject of the paper will be the monetary circulation in Silesia in the period after the great monetary reform (1623) of Ferdinand II, aimed at ending the great inflation (Kipper und Wipperzeit), which affected monetary units in the Holy Roman Empire, the Kingdom of Bohemia, Silesia included. This study looks into the monetary situation on the market during the Thirty Years’ War and ten years later. Thanks to the Głogów Hoard, hidden after 1656, we can see that this monetary system was still valid just before Leopold I carried out the monetary reform in 1659. As early as 1658, Leopold I had all the hereditary lands of the Austrian Habsburgs adopt the Vienna mark (281 g) as the metrological basis for minting coins, in order to standardize the denominations and remove local coins from circulation.

Primary author

Marzena Grochowska-Jasnos (Muzeum Archeologiczno-Historyczne w Głogowie )

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