1 Thaler - Wolfgang and Philip II

Brunswick-Grubenhagen was one of the most persistently subdivided of the Welf territories, and by 1595 it was a principality of negligible political weight — Wolfgang and Philip II were co-ruling a state so financially exhausted that joint thalers of this type were struck partly to assert dynastic legitimacy rather than meet any genuine monetary demand. The line died out entirely in 1596 when Philip II, the last male heir, passed without issue, making this among the final emissions of the Grubenhagen branch.

Welter 532 is seldom encountered in quantity; most surviving examples traded through the major Saxon and Brunswick collection dispersals of the nineteenth century.