Gulden - ⅔ Talara - August III Sas Drezno mint

The ⅔ Thaler denomination — equivalent to the North German Gulden — was the workhorse of Saxon commerce in the eighteenth century, circulating widely across the fragmented German states precisely because it struck a practical balance between the full Thaler and smaller fractional silver. August III, Elector of Saxony and King of Poland, maintained Dresden's mint as one of the most prolific in the Empire, partly to finance his court's extraordinary expenditure and partly to sustain Polish obligations inherited from his father, Augustus the Strong.

Dresden output in 1738 falls within a period of relatively stable Saxon minting before the disruptions of the War of Austrian Succession began pulling financial resources in new directions.