Saxony 1711-ILH 1/2 thaler KM-802

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from Heritage sale 3049, lot 30838
Saxony H3049-30838r.jpg
Künker sale 293, lot 1220
This specimen was lot 30838 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $822.50. The catalog description[1] noted, "Saxony. Friedrich August I Vicariat 1/2 Taler 1711-ILH MS62 NGC. Struck upon the death of Emperor Joseph I. Visually finer than the grade suggests with sparkling, satiny luster in the fields, a sharp central strike and soft pastel tone on both sides that really benefits the eye-appeal. A seldom encountered type in Mint State and currently tied with two other examples for the finest graded specimen at NGC." The second specimen was lot 1220 in Künker sale 293 (Osnabruck, Germany, July 2017), where it sold for €500 (about US$674 including buyer's fees). The catalog description[2] noted,
"SACHSEN, KURFÜRSTENTUM, Friedrich August I. 1694-1733 (August der Starke). 1/2 Reichstaler 1711, Dresden, auf das Vikariat. Hübsche Patina, sehr schön-vorzüglich. (Germany, electorate of Saxony, Frederick Augustus I (the Strong), 1694-1733, half thaler of 1711, Dresden mint, on his vicariate. Handsome patina, very fine to extremely fine.)"
This is a commemorative but more common than the regular issue of 1711-33 (KM 834). The occasion also caused the issue of a quarter thaler, single thaler (Dav-2655) and numerous larger issues. The exhaustion of the fighting in Poland rendered the Saxon state prostrate, and most of the thalers of this period are rare. Prosperity (and high mintages) would not return until the reign of Friedrich August III (1763-1806).

Recorded mintage: unknown.

Specification: 14.03 g, .833 fine silver.

Catalog reference: Kahnt 284, KM 802.

Source:

  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.
  • [2]Künker Münzauktionen und Goldhandel, Katalog 293: Münzen aus Mittelalter und Neuzeit u. a. die westfälischen Privatsammlungen Werner Bröker und Bernd Terletzki, Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2017.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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