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2 Goldgulden - Gotthard Kettler Wenden, pointy bottom

Issuer Livonian Order
Year 1559-1561
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Orientation Variable alignment ↺
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Obverse description Facing bust of Gotthard Kettler, Grand Master of the Livonian Order, depicted in full regalia with a long beard and wearing a mantle over armor, holding a sword upright in his right hand. The figure is shown in a frontal, hieratic pose typical of late medieval ecclesiastical-military coinage. The surrounding circular legend in Latin reads GOTHARD · D · G · MAGIS · LIVON, identifying the issuer as Gotthard by the grace of God, Master of Livonia. The field is plain gold, with the bust occupying the central portion of the flan. The style reflects the late Gothic hammered coinage tradition of the Baltic region.
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Reverse script Latin
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Additional information

Gotthard Kettler served as the last Master of the Livonian Order, and these pieces were struck during the Order's death throes — the opening years of the Livonian War, which had begun with Ivan IV's invasion in 1558. The Order was collapsing militarily and diplomatically simultaneously, and Kettler was actively negotiating the secularization that would formally dissolve it in 1561, when he became the first Duke of Courland under Polish-Lithuanian suzerainty.

The "pointy bottom" designation distinguishes this die variety from shield variants catalogued separately under Neumann. Struck across a window of perhaps three years before the issuing authority ceased to exist entirely.

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