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1 Thaler - John Ernest VIII Saalfelder Ausbeute

Issuer Duchy of Saxe-Coburg-Saalfeld
Year 1720
Type Standard circulation coin
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Obverse description Armored bust of Duke Johann Ernst VIII of Saxe-Coburg-Saalfeld facing right, wearing a long curled wig and elaborately engraved plate armor with a lace cravat visible at the neck. The portrait is rendered in high relief in the Baroque manner, occupying the majority of the coin's field. A circular beaded inner border frames the design. The Latin legend runs continuously around the periphery, interrupted at the top by a small shield bearing the Saxon arms.
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Reverse lettering A · SOLE · ET · SALE MDCCXX
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Additional information

John Ernest VIII ruled Saxe-Coburg-Saalfeld during a period when the Thuringian mining districts around Saalfeld were producing enough silver to justify dedicated Ausbeute coinage — pieces struck specifically from mine-yield bullion and intended to advertise that productivity to courts and investors alike. The "Saalfelder Ausbeute" designation marks this as tied directly to the Saalfeld mine output rather than general treasury silver, a distinction that mattered commercially and politically in early eighteenth-century German mining economics.

The KM#60.2 and Dav GT II#2743 references indicate a recognized die variety within what was already a small-duchy issue with limited overall production.

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