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1 Thaler - John Louis
| Issuer | Leiningen-Dagsburg-Falkenburg, County of |
|---|---|
| Year | 1623 |
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| Value | 1 Thaler |
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| Composition | Log in to see details |
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| Obverse description | Central field bears a crowned ornate oval quartered shield of arms, flanked by elaborate foliate and scrollwork cartouche, with the date 16-23 divided across the lower portion of the shield. The peripheral legend in Latin runs continuously around the coin separated by pellet stops. The overall style is characteristic of early seventeenth-century German hammered coinage. |
|---|---|
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| Reverse description | Imperial double-headed eagle displayed, with both heads crowned and a single imperial crown above, bearing an orb on the breast. The eagle's wings are spread and rendered in bold relief typical of Holy Roman Empire coinage of the period. The peripheral legend in Latin, naming Emperor Ferdinand II, runs around the coin separated by pellet stops. |
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| Additional information |
John Louis ruled Leiningen-Dagsburg-Falkenburg during one of the most financially destructive episodes in German monetary history — the Kipper- und Wipperzeit, a debasing crisis that collapsed the small-denomination coinage of the Holy Roman Empire between roughly 1619 and 1623. Thaler-weight silver issues from minor counts during this precise window were partly a statement of fiscal conservatism, partly a necessity: with billon flooding the markets, full-weight silver was the only currency merchants would accept at face value.
The county itself was a fragmentary holding in the Palatinate region, and its independent minting rights were exercised sporadically. 1623 is the terminal year of the crisis.