Jobst Edmund von Brabeck became Prince-Bishop of Hildesheim in 1688 and pursued mining operations in the Harz region with unusual personal investment. This is an Ausbeutetaler — a class of thaler struck specifically from the yields of named mines, issued to advertise productive output and reward investors. The Harz silver boom of the 1690s was real but volatile; production figures fluctuated sharply across the three-year span this type covers, which likely accounts for the relatively modest numbers that reached circulation.
The Davenport CCT reference places this firmly in the "mine output" thaler tradition rather than the commemorative one — a financial instrument as much as a coin.
Jobst Edmund von Brabeck became Prince-Bishop of Hildesheim in 1688 and pursued mining operations in the Harz region with unusual personal investment. This is an Ausbeutetaler — a class of thaler struck specifically from the yields of named mines, issued to advertise productive output and reward investors. The Harz silver boom of the 1690s was real but volatile; production figures fluctuated sharply across the three-year span this type covers, which likely accounts for the relatively modest numbers that reached circulation.
The Davenport CCT reference places this firmly in the "mine output" thaler tradition rather than the commemorative one — a financial instrument as much as a coin.