A Preface of the Financial Crisis. In the Wake of Article 28 of Law 1613 Cover Image

A pénzügyi válság előszele. Az 1613. évi 28. törvénycikk nyomában
A Preface of the Financial Crisis. In the Wake of Article 28 of Law 1613

Author(s): János Buza
Subject(s): 17th Century
Published by: Magyar Tudományos Akadémia Bölcsészettudományi Kutatóközpont Történettudományi Intézet
Keywords: divisional coins; Kingdom of Hungary; Principality of Transylvania; groat; 3 denier; 1/24 taler; preface of “Kipper- und Wipperzeit”; inflationary tendencies

Summary/Abstract: The “counterfeit coins” according to Article 28 of Law 1613 were not Polish or Transylvanian coins, but low-quality 3 denier and groat of 1/24th of a taler issued in the German-Roman Empire. Colloquially known as “white groat”, the notes had already caused disturbances in circulation in 1612 and 1613 and were the precursor of the great coinage debacle of the 1620s.

  • Issue Year: 2023
  • Issue No: 4
  • Page Range: 669-677
  • Page Count: 9
  • Language: Hungarian
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