6 Kreuzers - Frederick I

Saxe-Hildburghausen was among the smallest and most financially precarious of the Thuringian duchies, and its billon coinage of the 1820s reflects that reality directly. Frederick I ruled a territory of under 20,000 subjects and was chronically dependent on subsidies from the larger Saxon houses. The duchy's independent coinage history ended when Frederick abdicated in 1826 — exchanging Hildburghausen for Saxe-Altenburg following a dynastic reshuffling among the Ernestine lines — making this among the final issues struck in the duchy's name.