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60 Groschen - John George I

Issuer Electorate of Saxony (Albertinian Line)
Year 1622
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Shape Round
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Obverse script Latin
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Reverse description Central field displays a large ornate heraldic composition with two armored half-figures as supporters flanking a crowned imperial double-headed eagle, the breast of which bears a further escutcheon with the Saxon arms. Two lion supporters are visible at the base of the composition, and the date 1622 appears prominently above the central shield. An anchor mintmark is visible in the legend, identifying the Dresden Mint. The circumferential Latin legend continues the titulature of John George I, listing his additional dignities as Landgrave of Thuringia, Margrave of Meissen, and Burgrave of Magdeburg.
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Additional information

The 60 Groschen denomination belongs to the monetary chaos of the Kipper- und Wipperzeit — the "clipping and culling" crisis of 1619–1623, when hundreds of German mints flooded the market with debased small coinage, triggering inflation that wiped out savings across the Holy Roman Empire. Saxony, initially resistant, eventually participated. John George I authorized larger silver pieces partly to signal electoral dignity against the debasement tide, though the broader currency catastrophe was already irreversible by 1622.

The Rah/Kr 566a designation places this within a tightly documented die study by Rahrbach and Krause specific to Saxon taler-weight multiples of the period.

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