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5 Ducats

Issuer Nuremberg, Free imperial city of
Year 1706
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Value 5 Ducats (5 Dukaten) (17.5)
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Reverse description A boldly rendered crowned double-headed imperial eagle with wings displayed and elevated, bearing a heraldic shield on its breast, occupies the full field of the reverse. The eagle's heads are crowned beneath a single imperial crown, with sceptre and orb visible at the wing tips. The surrounding Latin legend, reading from below, proclaims the titles of Holy Roman Emperor Joseph I: IOSEPHVS D G ROM IMP S A GER H B R AR A. The powerful, high-relief execution of the eagle is consistent with the work of the medallist P.H. Müller. The reeded edge of the coin is clearly visible in the coin's profile.
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Mintage 1706 GFN - MDCCVI
Additional information

Nuremberg struck multi-ducat pieces in years of political or diplomatic significance, and 1706 falls squarely in the War of the Spanish Succession — a conflict in which the city, as a Free Imperial City nominally loyal to the Habsburgs, navigated a careful neutrality while trade networks collapsed around it. Large gold multiples of this kind functioned less as currency than as presentation pieces: gifts to visiting dignitaries, payments to imperial officials, or reserves held by the city's merchant patriciate.

The .986 fineness is characteristic of Nuremberg's gold work, a standard the city's assayers maintained with unusual consistency across the seventeenth and eighteenth centuries.

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