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5 Ducats - Leopold I

Issuer Royal Hungarian Mint
Year 1675
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Currency Thaler (1526-1754)
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Obverse lettering LEOPOLDVS · D · G · R · I · S · A · G · H · B · REX +
(Translation: Leopoldus Dei Gratia Romanorum Imperator Semper Augustus Germaniae Hungariae Bohemiae Rex - Leopold, by the grace of God Emperor of the Romans, Always August, King of Germany, Hungary, Bohemia.)
Reverse description The enthroned Madonna and Child (Patrona Hungariae) seated facing within a radiant mandorla of sunrays, the Virgin crowned and holding the Infant Christ on her left arm while her right hand rests upon a scepter. Below the mandorla, the Hungarian arms are displayed on a crowned shield flanked by decorative flourishes, with the Kremnica mint mark (letter C) incorporated at lower right. The date 16-75 is divided by the central motif within the circular legend PATRONA + + HVNGARIÆ +, which runs along the full circumference with decorative cross stops.
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Additional information

Leopold I issued multiple five-ducat pieces throughout his long reign, but the 1675 date falls squarely within the period of Magyar noble resistance known as the Wesselényi conspiracy and its brutal aftermath — a movement Leopold had just finished suppressing with mass executions and property confiscations that effectively dismantled the traditional Hungarian constitutional order. The Royal Hungarian mint at Kremnitz (Körmöcbánya) continued striking prestige gold multiples through this turbulence, largely to fund the Habsburg military apparatus pressing against the Ottoman frontier.

Five-ducat pieces were presentation and donative issues rather than circulating currency. Kremnitz was one of the most productive gold mints in early modern Europe, drawing on the ore-rich Carpathian deposits that had made Hungary the continent's dominant gold source since the fourteenth century.

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