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| Issuer | Königlich Sächsisches Cassen-Billet (Royal Saxon Treasury) |
|---|---|
| Year | 1867 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Zehn Thaler königlich Sächsisches Cassen-Billet. In Gemässheit des Gesetzes vom 2. März 1867. Die Commissarien: |
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| Reverse lettering | ZEHN THALER / Königlich Sächsisches Cassen-Billet |
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| Comments |
Saxony's Cassen-Billet notes were state treasury obligations rather than bank-issued currency — a distinction that mattered legally and financially to holders. This 1867 issue came just before the political rupture that would end Saxon monetary independence: following the Austro-Prussian War of 1866, Saxony was absorbed into the North German Confederation, and within a few years the newly unified German Reich was building toward a single currency. The 10 Thaler denomination was already living on borrowed time.
Giesecke & Devrient, then barely fifteen years old as a firm, printed the series in their own city of Leipzig — one of their earliest major state commissions, and a relationship with German monetary authorities that would define the company for the next century and a half.