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⅙ Thaler - Frederick August III
| Issuer | Electorate of Saxony |
|---|---|
| Year | 1764-1768 |
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| Composition | Log in to see details |
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| Diameter | 24 mm |
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| Obverse description | Bare-headed, draped bust of Frederick August III facing right, rendered in a refined baroque style. The elector is depicted with a powdered wig featuring tight curls above the ear and flowing locks at the shoulder. The legend encircles the bust close to the coin's rim, reading FRID. AUGUST. D. G. DUX SAX. ELECTOR., interrupted by the base of the truncation at the lower field. |
|---|---|
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| Mintage | 1764 EDC - - 1764 FWoF - - 1766 EDC - - 1767 EDC - - 1768 EDC - - |
| Additional information |
Frederick August III became Elector of Saxony in 1763 at age thirteen, following the death of his father Frederick Christian — who had himself ruled for only 74 days. The timing of this issue coincides almost exactly with the financial reconstruction Saxony undertook after the Seven Years' War, during which Saxon territories had been repeatedly occupied and the Dresden mint disrupted. The ⅙ Thaler denomination was a workhorse of everyday Saxon commerce, and production resumed aggressively once peace returned.
The .541 fineness reflects postwar monetary compromise — fine enough to circulate credibly, debased enough to stretch bullion reserves thin across a recovering treasury.