1⁄12 Thaler - Francis Josias

Francis Josias ruled Saxe-Coburg-Saalfeld from 1735 until his death in 1764, spending most of that reign as an Austrian field marshal rather than a governing duke — the duchy itself was administered largely by regents while he campaigned. The 1763 date places this coin in the final months of the Seven Years' War, a conflict that devastated Saxon territories and forced repeated debasements across the region's small-denomination coinage. The billon composition here reflects those fiscal pressures directly.