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⅑ Thaler - Maximilian I

Issuer Electorate of Bavaria
Year 1623
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Value ⅑ Thaler (0.166)
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Obverse description Central field features the elaborately quartered coat of arms of Bavaria and the Palatinate, comprising the lozengy Bavarian fusils, the Palatinate lion rampant, and the imperial orb, surmounted by an electoral bonnet and encircled by the Order of the Golden Fleece. The denomination '1/9' appears at the bottom of the inner circle. The surrounding legend reads MAX. COM. PAL. RH. VT. BA. DVX. S. R. I. ARCHIDAP. ET. EL., identifying Maximilian I as Count Palatine of the Rhine, Duke of Upper and Lower Bavaria, Arch-Steward and Elector of the Holy Roman Empire. The entire design is enclosed within a beaded inner circle and a rope-like outer border.
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Edge Plain
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The 1623 date is not incidental. Maximilian I had just been granted the Electoral title by Emperor Ferdinand II the previous year — payment, effectively, for his military support during the opening phase of the Thirty Years' War and the crushing of the Bohemian revolt at White Mountain in 1620. This fractional issue belongs to a broader coinage program that announced his new electoral rank in metal.

The ninth-thaler denomination itself is a peculiarity of the period's fractional arithmetic, rooted in the Kipper- und Wipperzeit currency debasement crisis that had destabilized German coinage in precisely these years.

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