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1 Schreckenberger - August I Engelsgroschen
| Issuer | Saxony (Albertinian Line), Electorate of |
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| Year | 1558-1571 |
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| Value | 1 Schreckenberger (⅐) |
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| Obverse description | Central shield bearing the crossed swords of Electoral Saxony, flanked on either side by a standing angel acting as supporter, each angel rendered in fine relief with spread wings. The electoral arms are depicted in full heraldic detail within the shield. A beaded inner circle frames the central device, with the Latin titular legend of Elector August I of Saxony running continuously around the periphery of the coin. |
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| Reverse description | Central shield of the ducal Saxony arms supported by a single standing angel with spread wings, the date divided by the base of the shield. On certain issues the legend reads outward, continuing the elector's titles from the obverse. A beaded inner border separates the central device from the surrounding Latin inscription, which completes the full titular legend of August I. |
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| Additional information |
The Schreckenberger takes its name from the Schreckenberg mine near Annaberg in the Erzgebirge, where silver strikes in the late fifteenth century gave Electoral Saxony the raw material to issue a new denomination outside the established groschen hierarchy. August I, who ruled from 1553 to 1586, was among the most administratively capable princes of his generation — his reorganization of Saxon mining revenues helped sustain a coinage program of unusual consistency and volume across his reign.
The Engelsgroschen designation reflects an older naming tradition tied to the depicted archangel, persisting in popular use long after the type had been formally rationalized within the Imperial monetary framework established at the 1559 Reichsmünzordnung.