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1/4 Guldengroschen - Frederick III

Issuer Electorate of Saxony (Ernestinian Line)
Year 1507-1510
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Currency Thaler (1485-1573)
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Reverse description Displayed imperial eagle with spread wings and elaborately detailed feathering occupying the central field, the date 15-07 split across the upper field to either side of the eagle's head. A halo or nimbus surrounds the eagle's head. Ornate foliate flourishes appear at the base of the eagle's body. The entire design is enclosed within a beaded inner border, with the full Latin titular legend of Emperor Maximilian I running continuously around the outer margin.
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Reverse lettering MAXIMILIANVS⸰RO⸰REX⸰SEMPER⸰AVGVSTVS 15 07
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Additional information

Frederick III of Saxony — "the Wise" — was the elector who famously refused to hand Martin Luther over to Rome in 1521, but this coin predates that confrontation by over a decade. It belongs instead to an earlier monetary episode: the Ernestinian line's participation in the guldengroschen tradition pioneered in the Tyrol, as Saxon silver from the Erzgebirge mines began flooding into circulation and demanding larger denominational vehicles than the existing coinage could provide. The Annaberg and Schneeberg strikes of this period are notoriously difficult to attribute precisely, and the 1507–1510 span reflects genuine uncertainty in the literature rather than a clean production window.

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