Holy Roman Empire, Archbishopric Salzburg, Sigismund III of Schrattenbach, 1/4 Taler 1767

From 1750, Austria minted coins following the 20 gulden standard, while Bavaria and the other south and western German countries used a 24 gulden standard. This meant that in some countries 20 guldens were minted from one mark of fine silver, while others struck 24 guldens from the same amount. This put pressure on the coinage of Salzburg, which followed the Austrian 20 gulden standard: as a result of the difference in exchange rate, the more valuable Salzburg coins flowed off to Bavaria and into other countries minting after the 24 gulden standard. Salzburg therefore enforcedly introduced the 24 gulden standard as well. Under the name of imperial convention standard it was to remain in use until well into the 19th century.