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1 Thaler - Xaver Prize Thaler, Konventionstaler
| Issuer | Dresden Mint |
|---|---|
| Year | 1766 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Draped bust of Friedrich August III, Elector of Saxony, facing right, rendered in high relief in the Baroque style with elaborately curled wig and armored or robed shoulders adorned with decorative flourishes. The effigy occupies the majority of the coin's field. A circular Latin legend surrounds the portrait reading FRID: AUGUST: D:G: DUX SAX: ELECTOR, separated by dot stops, running along the milled border. |
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| Edge | Lettered |
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| Additional information |
The Xaver Prize Thaler was struck under Friedrich Christian's successor administration during the regency of Prince Xaver, who governed Saxony on behalf of the young Elector Friedrich August III from 1763 to 1768. Saxony had emerged from the Seven Years' War devastated — Prussian occupation had drained the treasury and disrupted the mint entirely. The Prize Thalers of this period were awarded as academic distinctions, continuing a Saxon tradition of using struck silver as scholastic prizes rather than currency.
The Konventionstaler standard itself dates to the 1753 monetary convention between Austria and Bavaria, which Saxony eventually adopted in the post-war reorganization of its coinage.