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1 Ducat

Issuer City of Ulm (German States)
Year 1705
Type Standard circulation coin
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Obverse script Latin
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Reverse description Laureate and draped bust of Holy Roman Emperor Joseph I facing right, rendered in high relief in the Baroque style, with long flowing curled hair falling over the armored and draped shoulders. The Imperial titles are inscribed in the surrounding field in a circular Latin legend, distributed around the portrait between the inner field and the reeded rim.
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Additional information

Ulm struck ducats on civic authority into the early eighteenth century, a privilege jealously maintained by the city's council against repeated Habsburg pressure to consolidate coinage rights across the imperial cities. By 1705, Ulm's independent minting was already anachronistic — the Peace of Westphalia had reshuffled monetary authority across the Empire, and many smaller issuers had quietly surrendered their mint privileges within a generation. Ulm held on.

The city would lose its status entirely in 1802, annexed by Bavaria during the Napoleonic reorganization of German territories.

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