1 Reichsthaler

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.