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1 Reichsthaler
| Issuer | Churfürstlich-Sächsische Cassen-Billete (Electoral Saxon Treasury Notes) |
|---|---|
| Year | 1772 |
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| Size | 178 × 89 mm |
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| Obverse description | The Electoral Saxon coat of arms, rendered within an oval medallion, occupies the upper right of the note. The remainder of the face carries the denomination and date inscription in letterpress typography, with the text set in a period German typeface employing long-s characters. The overall layout is spare and utilitarian, consistent with mid-eighteenth-century German treasury note practice. |
|---|---|
| Obverse lettering | 1. Thlr. Ein Reichs Thaler Dresden den Sechſten May 1772. |
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| Comments |
Saxon Cassen-Billete of this period were a direct response to the financial wreckage left by the Seven Years' War, which had drained the Electorate's treasury and disrupted coinage supply across much of the German interior. The 1772 series represented one of the earliest sustained attempts by Saxony to circulate state-backed paper as a functional substitute for specie — not a wartime emergency emission, but a deliberate fiscal instrument.
Acceptance was reluctant. Thaler-denominated notes faced chronic resistance from a population that had watched earlier Saxon currency schemes collapse under military pressure in the 1750s and 1760s. Counterfeiting was also a documented problem with this series.