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1 Thaler - Frederick August I

Issuer Saxony (Albertinian Line), Electorate of
Year 1706-1707
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Composition Silver
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Reverse description The central field displays the crowned royal arms of Saxony, consisting of a large central escutcheon flanked and surrounded by six smaller subsidiary escutcheons bearing the arms of the various territories under Saxon rule, all arranged in a formal heraldic composition. The date appears in the exergue below the shield. A circular Latin legend runs around the entire design within the toothed milled border.
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Mint Dresden Mint
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Additional information

Frederick August I — better known abroad as Augustus II of Poland — struck these thalers at a politically precarious moment. The Great Northern War had turned badly: Charles XII of Sweden occupied Saxony in 1706 and forced Augustus to sign the Treaty of Altranstädt, renouncing the Polish crown. Coinage continued from the Saxon mints during the occupation, making the 1706–1707 dates among the more historically loaded in the series.

Augustus resumed the Polish throne in 1709 after Charles XII's catastrophic defeat at Poltava.

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