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1 Thaler - John Frederick, Henry and John Ernest

Issuer Saxony (Ernestinian Line), Electorate of
Year 1539
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Value 1 Thaler
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Obverse description Facing bust of Johann Friedrich I, Elector of Saxony, turned slightly to the right, holding a sword over the right shoulder. The date 1539 is divided by the bust on either side. Four small shields of arms appear at intervals within the surrounding Latin legend, which carries the titles of Johann Friedrich I.
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Reverse description Two confronted busts of Heinrich and Johann Ernst of Saxony facing one another at center. Four small shields of arms are distributed at intervals within the encircling Latin legend, which records the titles of Heinrich and Johann Ernst, co-rulers of the Ernestinian branch.
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Struck during a moment of acute dynastic tension, this thaler names three co-rulers of the Ernestinian branch of the Wettin dynasty — John Frederick the Magnanimous as Elector, alongside his cousins Henry and John Ernest of the Coburg line. The arrangement was a survival of the Wettin practice of joint governance, already straining under the weight of competing ambitions and the mounting pressures of the Schmalkaldic League, of which John Frederick was a principal architect and leader.

Within eight years of this coin's minting, John Frederick would lose both the electoral dignity and his freedom at the Battle of Mühlberg, 1547.

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