1⁄24 Thaler - Frederick August I

Frederick August I had ruled Saxony since 1806, but the kingdom emerged from the Napoleonic period badly truncated — forced by the Congress of Vienna in 1815 to cede roughly half its territory to Prussia as punishment for remaining loyal to Napoleon too long. The small-denomination billon issues of his final years reflect a state recalibrating its monetary system after that territorial and economic shock.

The 1⁄24 Thaler denomination, a subdivision rooted in the old Reichsthaler reckoning, was already an anachronism by the 1820s as German states pushed toward rationalized coinage systems that would eventually produce the Vereinsthaler of 1857.