1 Conventionsthaler - Frederick August III

Frederick August III — later Frederick August I of Saxony — was Elector when this piece was struck, four years into a reign defined by cautious neutrality and administrative reform. Saxony had been devastated by the Seven Years' War, and the Electoral government remained deeply reluctant to entangle itself in the brewing Revolutionary conflicts spilling out of France. The Conventions standard itself dated to the 1753 Munich Convention, which attempted to rationalize the chaotic coinage of the Habsburg sphere.

KM#1023 is among the later Conventionsthaler issues before the Electorate's absorption into the Napoleonic reorganization of German territories.