1 Gulden - Leopold I Ausbeute-Gulden

Baden's "Ausbeute" coinage designated issues struck from locally mined silver — specifically from the duchy's own ore extraction, making the coin's origin in Baden's mining districts as much a part of its identity as the die that struck it. By 1852, the German states were navigating the fractious monetary agreements preceding the Vienna Coinage Treaty of 1857, and regional issues like this carried genuine political weight as Baden asserted its independent minting prerogative before the push toward standardization overtook it.

Kirchenbauer 25 is not a common citation, which reflects how thinly this variety circulates through major auction houses.