1⁄24 Thaler - Frederick August I 1697-1709 front 1⁄24 Thaler - Frederick August I 1697-1709 back
1⁄24 Thaler - Frederick August I 1697-1709 photo
© M. Sander

1⁄24 Thaler - Frederick August I

 
Silver 1.75 g 22 mm
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
1697-1709
Years
1697-1709
Value
1 Groschen = 1⁄24 Thaler
Value
1 Groschen = 1⁄24 Thaler
Currency
Thaler (1493-1805)
Currency
Thaler (1493-1805)
Composition
Silver
Composition
Silver
Weight
1.75 g
Weight
1.75 g
Diameter
22 mm
Diameter
22 mm
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#98522
Rarity index
90%

Reverse

4-line inscription with date and denomination within palm wreath, legend surrounding.

Script: Latin

Lettering:
24
EINEN
THAL.
1703

SAC. ROM. IMP. ARCHIM. & ELECT.

Comment

Mintmaster ILH - Johann Lorenz Holland

Interesting fact

One interesting fact about this coin is that it was minted during a time of great economic and political change in the Electorate of Saxony. The reign of Frederick August I saw the introduction of new currency reforms, which aimed to stabilize the economy and promote trade. The 1/24 Thaler coin was part of these reforms, and its silver content and standardized design were meant to ensure its value and authenticity. Despite the challenges of the time, the coin remains a valuable piece of history, offering a glimpse into the economic and political landscape of 18th century Germany.