1 Pfennig - Frederick August I (Gold pattern strike) 1695 front 1 Pfennig - Frederick August I (Gold pattern strike) 1695 back
1 Pfennig - Frederick August I (Gold pattern strike) 1695 photo
© Fritz Rudolf Künker GmbH & Co. KG, Osnabrück and Lübke & Wiedemann KG, Leonberg

1 Pfennig - Frederick August I Gold pattern strike

1695 year
Gold (.986) 0.45 g -
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
Pattern
Type
Pattern
Year
1695
Year
1695
Value
1 Pfennig (1⁄288)
Value
1 Pfennig (1⁄288)
Currency
Thaler (1493-1805)
Currency
Thaler (1493-1805)
Composition
Gold (.986)
Composition
Gold (.986)
Weight
0.45 g
Weight
0.45 g
Shape
Round
Shape
Round
Technique
Milled
Technique
Milled
Orientation
Medal alignment ↑↑
Orientation
Medal alignment ↑↑
Demonetized
Yes
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#313064
Rarity index
97%

Reverse

Orb with denomination, date separated to sides

Script: Latin

Lettering:
1695

Interesting fact

One interesting fact about the Pattern 1 Pfennig - Frederick August I (Gold pattern strike) 1695 from Electorate of Saxony (Albertinian Line) (German States) 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. In response, Frederick August I introduced a new currency, the "Gold-Pfennig," which was intended to stabilize the economy and promote trade. The Pattern 1 Pfennig was one of the coins minted as part of this new currency system, and it features a unique gold composition and design that sets it apart from other coins of the time. Despite the challenges faced by the Electorate of Saxony during this period, the Pattern 1 Pfennig remains a valuable and sought-after collector's item among numismatists today.