1 Thaler - Ernest III

Ernest III ruled Holstein-Schaumburg-Pinneberg during one of the most destabilizing periods in German history — the Thirty Years' War had begun just two years before this thaler was struck, and the county's position in northwestern Germany placed it directly in the path of competing military interests. The Schaumburg line itself was in its final generation; Ernest III died without a legitimate male heir in 1622, after which the county was partitioned among neighboring claimants, ending the dynasty entirely.

Thalers from this county in 1620 were struck in very limited quantity, as the mint at Stadthagen was not a prolific operation even in stable times. Davenport's EC II#3739 distinguishes this issue from related Schaumburg types by die characteristics specific to the Ernest III coinage.