1 Thaler - Joachim Ernest

Joachim Ernest ruled Brandenburg-Ansbach from 1603 until his death in 1625, and 1623 places this thaler squarely within the opening devastation of the Thirty Years' War. The conflict had begun in 1618, and by 1623 imperial and Catholic League forces had effectively crushed the Palatinate — a outcome with direct dynastic implications for the Hohenzollern margraves, whose Protestant alliances made Ansbach's political footing increasingly precarious.

Davenport ST#6232 is the standard reference for this emission. The 29-gram silver content reflects the pre-kipper-und-wipper debasement standard, notable given that the preceding years had seen catastrophic currency debasement across the German states — a crisis that had largely, though unevenly, corrected by 1623.