Sigismund III's reign

Sigismund III Coinage

III. King Sigismund of Poland ruled between 1587 and 1632. During his reign, Polish coinage developed significantly. The king introduced many new currencies and reformed the coinage system. The most commonly minted coins of the king were: Thaler: A silver coin that was the official currency of Poland. Thalers were minted at a number of different mints, including Krakow, Gdansk, Warsaw and Poznań. Grosz: A silver coin that, like the thaler, was the official currency of Poland. Grosses were usually minted at smaller mints than thalers. Bracken: A silver coin that was worth less than a gros. Brackens were commonly used in village markets. Kopejka: A silver coin that was even less valuable than the bracken. Copies were usually used for small purchases. III. The coinage of the Polish King Sigismund significantly contributed to the economic development of Poland. The king's new currencies facilitated trade and financial transactions.