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24 Kreuzer - John George I

Uitgever Saxony (Albertinian Line), Electorate of
Jaar 1622
Type Standard circulation coin
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Beschrijving keerzijde Three coats of arms arranged in a tripartite composition: the upper shield bearing the Rautenkranz (rue crown) of Saxony flanked by two further heraldic shields depicting rampant lions, all within an elaborate baroque cartouche with foliate and scroll mantling. The date 1622 is divided by the uppermost shield, with digits appearing to either side. A Latin titulary legend runs continuously around the periphery between the inner rope border and the outer beaded rim.
Schrift keerzijde Latin
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Aanvullende informatie

The 24 Kreuzer denomination belongs squarely to the Kipper- und Wipperzeit — the catastrophic currency debasement crisis that swept the Holy Roman Empire between roughly 1619 and 1623. Minters across the Empire, including Electoral Saxony under John George I, exploited the absence of effective monetary oversight during the early Thirty Years' War by issuing vast quantities of debased small silver. The 24 Kreuzer was a creature of this emergency, largely unknown before the crisis and abandoned almost as quickly once imperial authorities moved to restore monetary order.

John George I was, somewhat ironically, among the more vocal critics of the debasement — yet Saxony participated nonetheless.

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