Saxony 1757-IDB thaler Dav-2674
This specimen was lot 40560 in Ponterio sale 168 (Philadelphia, August 2012), where it sold for $4,600. The catalog description noted, "GERMANY. Saxony. Taler, 1757-IDB. NGC MS-63. Friedrich August II (1733-63). Mining Taler. Lustrous with small areas of toning." Most Saxon thalers of the period 1660-1760 are scarce. The elector's attempt to conquer and rule Poland as well as Saxony impoverished both countries. This "mining thaler" was struck to honor the efforts of Saxon miners to bring silver to the elector's treasury. The year 1757 also saw Saxony be occupied by the armies of Frederick the Great of Prussia during the Seven Years' War.
Recorded mintage: unknown.
Catalog reference: Dav-2674; KM-934; Schmee-1045.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Davenport, John S., German Talers, 1700-1800, 2nd Ed., London: Spink & Son, 1965.
- Ponterio, Richard, Ponterio sale 168: The Official ANA Auction, Irvine, CA: Stack's Bowers LLC, 2012.