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3 Argenteus - Aureus Magnus Ludwig Erhard

Issuer Germany, Federal Republic of
Year 1963
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Currency Aureus Magnus
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Obverse script Latin
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Edge Plain
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Additional information

The "3 Argenteus" designation and the X# reference place this firmly outside official Bundesbank coinage — this is a privately issued medal-coin, almost certainly produced by a bullion or numismatic house capitalizing on Erhard's appointment as Federal Chancellor in October 1963, following Adenauer's long-delayed resignation. Erhard, the architect of the Wirtschaftswunder, was a natural subject: his free-market reforms had transformed West Germany from rubble to the dominant European economy within fifteen years.

The .999 silver specification at 45g suggests this was sold at a premium over spot, targeting collectors rather than any circulation function. The "Aureus Magnus" honorific is pure flattery — coined by the issuer, not the state.

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