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7 Ducats - Maximilian I Hall

Issuer Austrian Empire
Year 1511
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Weight 23.21 g
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Obverse lettering ETATIS·19·MAXIMILIANVS·MAGNANIMUS·ARCHIDVX·AVSTRIE·BVRGVND
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Mintage 1511
Additional information

Maximilian I used multi-ducat pieces less as currency than as diplomatic instruments — distributed at court ceremonies, given as rewards to military commanders, and presented to foreign ambassadors in lieu of cash payments. The seven-ducat denomination was never intended to circulate. The Hall mint in Tyrol, operating under imperial privilege, was the primary source for Maximilian's prestige gold issues during this period, benefiting from direct access to Tyrolean silver revenues that were routinely converted into high-purity gold coinage for court use.

Survivors are almost invariably in exceptional condition for exactly this reason.

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