Pfennig - Henry IV Windischgrätz

Henry IV of Windischgrätz held authority over Carniola during a period when the march was caught between competing Babenberg and Andechs dynastic pressures. These thin bracteate-style pfennigs were the practical currency of a fragmented Alpine-Adriatic frontier — not prestige coinage, but working money moving through toll stations and market towns along the routes connecting the Adriatic hinterland to the upper Sava valley.