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1 Ducat - Maximilian II Rheingold-Dukat

Issuer Bavaria, Kingdom of
Year 1863
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Weight 3.49 g
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Reverse description A detailed panoramic view of the city of Speyer as seen from the Rhine River, dominated by the Romanesque Imperial Cathedral (Kaiserdom) prominently centered in the middle ground, with additional church towers and buildings extending across the cityscape. In the foreground, the Rhine River is depicted with a sailing vessel under full sail navigating the waters, evoking the Rhine gold theme of the issue. The legend EX AURO RHENI (From the gold of the Rhine) arcs across the upper field, while the Roman numeral date MDCCCLXIII is inscribed along the lower exergue.
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Edge Reeded
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Struck to commemorate the first German Shooting Festival held in Frankfurt in 1862, Bavaria's Rheingold ducats occupy a specific niche in 19th-century German numismatics — they were produced as presentation and prize pieces rather than circulating currency. The "Rheingold" designation refers to the gold's origin in Rhine river alluvial deposits, a source already largely exhausted by the 1860s and retained more for prestige than practical supply.

Maximilian II died in March 1864, making this among the final issues bearing his name. The .937 fineness reflects the traditional ducat standard Bavaria maintained well after most German states had abandoned it for decimal coinage.

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