Silver had been discovered in February 1301 …

Years: 1300 - 1300

Silver had been discovered in February 1301 at Hory Kutné (Kutná Hora, Kuttenberg) in Central Bohemia.

Wenceslaus II had taken control of the mine by making silver production a royal monopoly, and issued the Prague groschen, which is to become the most popular of the early groschen-type coins due to its high silver content.

Kutná Hora is one of the richest European silver strikes ever: between 1300 and 1340 the mine may have produced as much as twenty tons of silver a year.

Having greatly restored Bohemian strength and prestige, and Wenceslas uses profits from silver to finance a successful campaign in Little Poland and gains the Polish crown in 1300.

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