The Dreier — worth three pfennigs — proliferated across the German states during the early Thirty Years' War as municipal and territorial mints scrambled to meet demand for small change. Saxony's output under Johann Georg I during 1623–24 falls squarely within the Kipper und Wipperzeit's chaotic aftermath, when debased coinage from other territories had so thoroughly poisoned circulation that even nominally honest mints were under pressure to shade fineness downward.
KM#385.1 distinguishes this emission from related Dreier varieties struck across the same reign.
The Dreier — worth three pfennigs — proliferated across the German states during the early Thirty Years' War as municipal and territorial mints scrambled to meet demand for small change. Saxony's output under Johann Georg I during 1623–24 falls squarely within the Kipper und Wipperzeit's chaotic aftermath, when debased coinage from other territories had so thoroughly poisoned circulation that even nominally honest mints were under pressure to shade fineness downward.
KM#385.1 distinguishes this emission from related Dreier varieties struck across the same reign.