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2 Thalers - August
| Issuer | Saxony (Albertinian Line), Electorate of |
|---|---|
| Year | 1580 |
| Type | Standard circulation coin |
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| Obverse description | Armored bust of Elector August of Saxony facing right, with a sword borne over the right shoulder; the date 1580 is divided by the effigy on either side. A small imperial orb appears at the top of the field. The peripheral legend, rendered in Latin, opens the electoral and ducal titles of August, reading AVGVSTVS D G DVX SAXO SA ROMA IMP 15 80. |
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| Obverse script | Latin |
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| Additional information |
Struck under Elector August of Saxony, one of the most fiscally capable rulers of sixteenth-century Germany, this double thaler dates to a period when the Saxon silver mines at Freiberg and Annaberg were among the most productive in Europe. August had reorganized the Saxon mining administration in the 1560s, and the large-flan multiple thalers of his reign were as much a demonstration of that productive capacity as they were circulating currency.
Schnee 723 is among the later die marriages of his reign — August died in February 1586 — and pieces from this period show the mature portrait type introduced after 1572.