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1 Thaler

Issuer Königlich Sächsische Staatskasse (Royal Saxon State Treasury)
Year 1855
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Size 115 × 80 mm
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Obverse description The face is framed by dense guilloche scrollwork with four corner medallions each inscribed "EIN THALER" in coin style; a left central vignette contains a portrait of the Saxon king in profile, while a right central medallion bears the crowned royal Saxon coat of arms. The denomination "Ein Thaler" is rendered in large ornate Gothic script at centre, beneath which the issuing authority title "Königlich Sächsisches Cassen-Billet" appears in bold letterpress. A statutory reference line citing the law of 6 September 1855 follows, with spaces for two manuscript commissary signatures above a printed penalty clause.
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Reverse description The back of the note carries a central text panel in letterpress repeating the denomination and issuing authority, set within a plain or lightly ornamented border typical of mid-nineteenth-century Saxon fiscal printing.
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Saxon Staatsschuldscheine of this type occupied an awkward institutional middle ground — issued by the Staatskasse rather than a conventional bank of issue, they functioned as treasury certificates with forced-tender status rather than conventional banknotes. Saxony had no central bank of its own until the Deutsche Reichsbank absorbed regional note-issuing authority after 1875, and instruments like this filled that gap.

The 1 Thaler denomination placed it squarely in everyday commerce. The Thaler itself was on borrowed time by 1855 — the Zollverein debates over a unified German monetary standard were already well advanced, and within two decades the denomination would be swept away entirely by the Mark system introduced in 1871–73.

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