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1⁄12 Thaler - Frederick William I
| Issuer | Prussia, Kingdom of |
|---|---|
| Year | 1717 |
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| Currency | Thaler |
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| Obverse description | Within the central field, a crowned angular shield bearing a sceptre, flanked on either side by palm branches. The denomination '12• EIN• R• T•' (meaning '1/12 of a Reichsthaler') appears in the exergue below the shield, separated by a horizontal line. The shield is surmounted by a royal crown rendered in fine detail. The overall design is characteristic of the early 18th-century Prussian milled coinage tradition. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Frederick William I inherited a Prussia deeply in debt from his father's extravagant court and immediately set about dismantling it — selling off the royal silver plate, dismissing hundreds of palace staff, and redirecting treasury funds into the army. The 1717 coinage falls squarely within his first years of fiscal restructuring, when the king personally reviewed state expenditures down to the level of individual minting contracts.
The Schröter references 315–316 indicate at least two recognized die varieties for this type, a detail worth noting when attributing individual pieces.