⅓ Thaler - Frederick August I 1698-1700 front ⅓ Thaler - Frederick August I 1698-1700 back
⅓ Thaler - Frederick August I 1698-1700 photo
© Leipziger Münzhandlung und Auktion Manfred Höhn

⅓ Thaler - Frederick August I

 
Silver - -
Description
Issuer
Electorate of Saxony (Albertinian Line) (German States)
Issuer
Electorate of Saxony (Albertinian Line) (German States)
Prince elector
Frederick Augustus I (Friedrich August I) (1694-1733)
Prince elector
Frederick Augustus I (Friedrich August I) (1694-1733)
Type
Standard circulation coin
Type
Standard circulation coin
Years
1698-1700
Years
1698-1700
Value
⅓ Thaler
Value
⅓ Thaler
Currency
Thaler (1493-1805)
Currency
Thaler (1493-1805)
Composition
Silver
Composition
Silver
Shape
Round
Shape
Round
Demonetized
Yes
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#188665
Rarity index
100%

Reverse

Crowned 2 adjacent shields of arms, palm branches to sides.

Script: Latin

Interesting fact

One interesting fact about the ⅓ Thaler coin from the Electorate of Saxony (Albertinian Line) is that it was minted during a time of great economic and political change in Europe. The coin was issued during the reign of Frederick August I, who was the Elector of Saxony from 1694 to 1733. During his reign, the Electorate of Saxony was facing significant economic challenges, including a large national debt and a decline in the value of the local currency. To address these issues, Frederick August I introduced a new currency, the "Thaler," which was divided into smaller denominations, including the ⅓ Thaler coin. This coin was made of silver and was used widely in trade and commerce throughout the German States. Despite the economic challenges of the time, the ⅓ Thaler coin remains a valuable and sought-after collector's item today.