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3 Kreuzers - Ernest I
| Issuer | Saxe-Coburg-Saalfeld, Duchy of |
|---|---|
| Year | 1808-1829 |
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| Composition | Log in to see details |
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| Diameter | 18 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | E L |
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| Additional information |
Saxe-Coburg-Saalfeld was a duchy perpetually on the edge of financial embarrassment, and its billon coinage of the early nineteenth century reflects exactly that. Ernest I ruled a territory so small and so encumbered by debt inherited from the Napoleonic disruptions that striking full silver issues was largely impractical. The long date range of this type — over two decades — speaks to a mint operating at minimum output rather than any sustained monetary ambition.
The duchy's fortunes changed dramatically through dynastic marriage rather than economics. Ernest's son Albert married Queen Victoria in 1840.