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2 Thalers - Albert IV of Brandenburg
| Issuer | Archbishopric of Magdeburg |
|---|---|
| Year | 1524 |
| Type | Standard circulation coin |
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| Reverse description | Quartered heraldic shield displaying the four-fold arms of the Archbishopric of Magdeburg and the House of Brandenburg-Hohenzollern, with three smaller escutcheons arranged two above one in the center. A patriarchal cross and a cardinal's hat are displayed prominently above the central arms, denoting the rank and ecclesiastical authority of the issuer. The entire armorial composition is set within a plain circle, with the legend distributed around the periphery of the coin. |
| Reverse script | Latin |
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| Additional information |
Albert IV of Brandenburg — better known as Albrecht von Brandenburg — held the Archbishopric of Magdeburg simultaneously with the Archbishopric of Mainz and the Bishopric of Halberstadt, an accumulation of offices that required a substantial papal dispensation and an enormous financial arrangement with the Fugger banking house to secure. It was precisely this debt to the Fuggers, and the indulgence sales organized to repay it, that directly provoked Luther's Ninety-Five Theses in 1517.
This double thaler dates to seven years after that rupture, struck as the Reformation was actively destabilizing Albrecht's territorial authority in Magdeburg.