1 Guldengroschen 'Klappmützentaler' - Frederick III, Albrecht and Johann

The Klappmützentaler takes its name from the folded hood — the Klappmütze — worn by the three electors depicted, a fashion detail so distinctive that collectors adopted it as the coin's informal identifier centuries ago. Struck under the joint rule of Frederick III (the Wise), Albrecht, and Johann, this issue belongs to the earliest phase of large silver coinage in the German lands, predating the formalization of the Reichsthaler standard by decades.

Frederick the Wise would later become the elector who refused to hand Luther over to Rome in 1521 — but at the time of this striking, the Saxon court was among the principal financiers of the Annaberg silver boom, which made such ambitious coinage politically and economically possible.