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⅔ Thaler - Frederick August II

Issuer Saxony (Albertinian Line), Electorate of
Year 1753-1763
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Value ⅔ Thaler
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Reverse lettering DUX SAX: I: C: IM: A: & S: R: I: A: R: S: M: & FL: ARCHIM:
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Mintage 1753 - -
1754 EDC - -
1757 IDB - -
1762 FWôF - -
1763 EDC - -
Additional information

The 2/3 Thaler denomination — equivalent to the Gulden and pegged at 16 Groschen — became the workhorse of Saxon commercial trade during the mid-eighteenth century, largely because it aligned with the monetary conventions of much of northern Germany and the Netherlands. Frederick August II's reign coincided with the Seven Years' War, which proved catastrophic for Saxon coinage: Prussian forces occupied Dresden in 1756, and Frederick the Great systematically debased Saxon dies to strike his own overweight issues, flooding the electorate with degraded silver. Legitimate Saxon production was severely disrupted through most of the conflict.

The 1753–1763 date range means early strikes predate the occupation; later ones were produced under severely constrained conditions.

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