1 Thaler - Ernest Frederick

Ernest Frederick ruled Saxe-Coburg-Saalfeld from 1724 until his death in 1764, leaving the duchy in severe financial distress — debts accumulated through decades of court extravagance had pushed the territory to the edge of bankruptcy. This thaler bridges his reign and that of his son Ernst Friedrich Karl, making the two-year date span a function of transition rather than extended production. The Duchy's minting rights were exercised intermittently and often through leased facilities, which accounts for the variant listings across Grasser, Dav, and KOR catalogues reflecting subtle die differences rather than separate issues.