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⅔ Thaler - Frederick August I
| Issuer | Saxony (Albertinian Line), Electorate of |
|---|---|
| Year | 1708-1710 |
| Type | Log in to see details |
| Value | ⅔ Thaler |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Laureate and draped bust of Frederick August I facing right, wearing armor with ornate decorative elements at the shoulder and lace cravat visible at the truncation. The effigy features the elector's characteristic long curling wig rendered in high relief. The circular Latin legend runs along the toothed border from upper left to lower right. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | AUGUSTUS D G REX ET ELECTOR |
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| Additional information |
The 2/3 Thaler denomination — equivalent to the Gulden — dominated German silver coinage in the late 17th and early 18th centuries largely because of its convenient alignment with the Reichsgulden standard established at the 1690 Leipzig Convention. Saxony was among the most prolific issuers, and Frederick August I had particular reason to maintain a credible silver coinage: his election as King of Poland in 1697 required enormous cash outlays in bribes to the Polish nobility, funded substantially through Saxon mint revenues.
The 1708–1710 window falls squarely within the disruptions of the Great Northern War, when Swedish military pressure on Polish and Saxon territories strained the Dresden treasury.