1 Goldgulden - Louis II Neujahrsgoldgulden

Bavaria issued New Year's gold gulden as presentation pieces throughout the nineteenth century, distributed by the royal court as gifts to officials and favored recipients on the first of January. Louis II had taken the throne just months before this striking, ascending at eighteen following his father Maximilian II's sudden death in March 1864. It was effectively his first New Year as king.

The .770 fineness reflects the traditional Rhenish gulden standard rather than the finer Prussian-influenced coinage pushing through German states at the time — a distinction Bavaria maintained on these ceremonial issues long after it had practical meaning.