60 Groschen - John George I 1622 front 60 Groschen - John George I 1622 back
60 Groschen - John George I 1622 photo
© Leipziger Münzhandlung und Auktion Manfred Höhn

60 Groschen - John George I

1622 year
Silver - -
Description
Issuer
Electorate of Saxony (Albertinian Line) (German States)
Prince elector
John George I (Hans Georg I) (1591-1656)
Type
Standard circulation coin
Year
1622
Value
60 Groschens (1)
Currency
Thaler (1493-1805)
Composition
Silver
Shape
Round
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#187400
Rarity index
100%

Reverse

Date above 2 cherub's and 3 arms.

Script: Latin

Interesting fact

One interesting fact about the 60 Groschen 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 Thirty Years War had just ended in 1648, and the coinage of many German states, including Saxony, was in disarray. The 60 Groschen coin was introduced as a new standardized currency to replace the various local currencies that had been in use before, and it was made of silver to ensure its value and stability. This coin is a testament to the efforts of the Saxon government to restore economic order and stability in the aftermath of the war.