1 Thaler - Joachim Ernest

Joachim Ernest ruled Brandenburg-Ansbach from 1603 until his death in 1625, and this 1622 thaler was struck at the height of the Kipper- und Wipperzeit — the catastrophic debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623. While lesser mints were flooding circulation with underweight, base-metal-washed coinage to exploit arbitrage against full-weight silver, Ansbach continued producing full-weight thalers, making sound-money issues from this period exceptional survivors of a thoroughly debased monetary environment.

Davenport's attribution to ST#6229 places it within the Saalfeld typology for Franconian thalers of this period.