2 Guldengroschen - Frederick III

The Guldengroschen was Saxony's answer to a mounting practical problem: large silver coins capable of replacing gold in wholesale trade. The Ernestinian dukes — Frederick III, John, and George jointly — began issuing these pieces at a moment when the Erzgebirge mines were producing silver at a rate that made such ambition financially plausible. This double piece, at over 55 grams, pushed the denomination to its practical limit for hand-struck coinage.

Davenport's classification under GT I places it among the earliest true taler-weight multiples in the German series, predating the standardized Joachimsthaler by roughly a quarter century.