Frederick August I — better known outside Saxony as Augustus the Strong, Elector of Saxony and King of Poland — was in 1710 already deep into the financial strain of maintaining two courts, funding the Great Northern War, and bankrolling his compulsive art acquisitions. Pattern strikes in silver of gold denominations were a routine tool at Dresden for presenting proposed designs to the elector before committing to a gold production run, and for gifting to court favorites without the expense of the metal itself.
KahntAu#270 places this among a documented series of Saxon gold pattern strikes catalogued by Horst Kahnt, confirming it was never intended for circulation.
Frederick August I — better known outside Saxony as Augustus the Strong, Elector of Saxony and King of Poland — was in 1710 already deep into the financial strain of maintaining two courts, funding the Great Northern War, and bankrolling his compulsive art acquisitions. Pattern strikes in silver of gold denominations were a routine tool at Dresden for presenting proposed designs to the elector before committing to a gold production run, and for gifting to court favorites without the expense of the metal itself.
KahntAu#270 places this among a documented series of Saxon gold pattern strikes catalogued by Horst Kahnt, confirming it was never intended for circulation.