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2 Gulden - Six brothers Kipper

Issuer Saxe-Weimar, Duchy of
Year 1622
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Value 2 Gulden (1)
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Obverse description Half-length figure of a winged angel emerging from above, wings spread wide to either side, positioned behind the crowned Saxon arms displayed on an ornate cartouche shield featuring barry of ten or and sable charged with a crancelin. The circular legend surrounding the design reads MONETA NOVA ARGENTEA 1622, separated by rosette stops, all within a beaded inner border.
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Obverse lettering MONETA NOVA ARGENTEA 1622
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The "Six Brothers" Kipper coinage of 1622 takes its name from the six Ernestine dukes who jointly administered Saxe-Weimar during the catastrophic currency debasement of the Kipper- und Wipperzeit — roughly 1619 to 1623 — when virtually every German mint, large or small, raced to produce overvalued, underweight coins to extract maximum seigniorage before the inevitable collapse. Saxe-Weimar was no exception, and this 2 Gulden piece was struck well above its actual silver content's market value.

The Kipper crisis ultimately forced the Imperial Circles to intervene, and a monetary recess of 1623 attempted to restore the pre-debasement standards. Most Kipper issues were recalled and reminted — which explains why survivors are scarce relative to original mintage volumes.

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