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1 Thaler - August

Issuer Bishopric of Ratzeburg
Year 1623
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Weight 29.10 g
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Obverse description Elaborately mantled achievement of arms featuring an eightfold quartered shield with the central escutcheon of Ratzeburg, surmounted by three ornate crested helmets with flowing lambrequins. The arms are arranged within a Spanish-style shield form. The circular legend in Latin surrounds the composition, identifying the issuing bishop by name and titles.
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Reverse description Full-length figure of a bishop in complete armor mounted on a horse in profile, advancing to the right. The date 1623 is divided between the hindquarters and forelegs of the horse. A mintmaster's symbol appears beneath the bishop's stirrup. The surrounding Latin legend alludes to ancestral virtues, rendered in an elegant early seventeenth-century style consistent with the period's high-relief thaler coinage.
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The Bishopric of Ratzeburg was a tiny Lutheran ecclesiastical territory wedged between Mecklenburg and Holstein, perpetually contested and chronically underfunded. August of Brunswick-Wolfenbüttel administered it as coadjutor bishop from 1603 and ruled outright from 1613 — issuing this thaler in 1623, the year the Kipper und Wipper currency crisis was finally subsiding after having debased coinage across the Empire to catastrophic levels. A full-weight silver thaler from a minor bishop in that specific year carried implicit political messaging about fiscal reliability.

Ratzeburg thalers of this period are genuinely scarce survivors; the territory secularized to Mecklenburg-Schwerin by the Peace of Westphalia in 1648.

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