Bavaria 1740 2 goldgulden Fr-238

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photo courtesy Stack's
Bavaria 1740 2 goldgulden rev Stacks 110-651.jpg
This specimen was lot 652 in Stack's "Vermuele, Ward & Mexico Maxico" sale (New York, January 2010), where it sold for $32,200. The catalog description[1] noted,
"GERMAN STATES. BAVARIA. Karl Albert, 1726-1744. Vicariat 2 Goldgulden, 1740. Very large head r. with titles Duke of Both Bavarias, Arch Steward and Elector Rv. Nimbate uncrowned Imperial eagle with crowned Bavarian Arms on breast, legend gives titles Vicar and Provisional head of the Empire. Struck to mark the Vicariat on the death of Emperor Charles VI that began Karl Albert's great adventure with the Imperial throne. He began by refusing to accept the Pragmatic Sanction that was supposed to assure Maria Theresa's inheritance of her father's domains and took an active part in the resulting War of the Austrian Succession. He was elected Holy Roman Emperor in 1742 as Karl VII, the first non-Habsburg to be crowned in generations but was doomed to a brief and catastrophic reign. Austrian forces quickly overran Bavaria and Karl was driven into exile, dying effectively defeated in 1745. This an unusually rare and historic Bavarian Gold coin that will be of interest to all collectors seeking coins with stories to tell. About Uncirculated."
This two goldgulden is the same weight as a double ducat and probably circulated for the same value. The SCWC prices this type at five times the price of the single goldgulden (KM 194) which is turn is over twice the price of the goldgulden of Maximilian Emanuel (KM 119).

Recorded mintage: unknown.

Specification: 7 g, .986 fine gold, .222 troy oz AGW.

Catalog reference: Fr-238, Wittelsbach 1949, KM 195.


  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Kraljevich, John, and Frank Van Valen, The Vermuele, Ward & Mexico Maxico Collections, New York: Stack's, 2009.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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