1⁄12 Thaler - Frederick August I

Frederick August I — better known outside Saxony as Augustus II of Poland — spent lavishly on court spectacle and political bribes to secure and hold the Polish throne, leaving Saxon finances chronically strained. The 1/12 Thaler denominations struck across his reign served partly as workhorse coinage in a state that had mortgaged much of its silver output to fund dynastic ambition. Billon rather than fine silver reflects that pressure directly.

KM#799 spans over two decades of production, meaning die workmanship and alloy consistency vary considerably across the run.