Lot 677
German States -- Saxony. Taler, 1552. Dav-9787; Schnee-690; Schulten-3245. Moritz, 1541-1553. Albertine line. Annaberg mint. Mintmaster, Matthaus Rothe. Armored half figure right, holding sword upright. Reverse: Shield of arms, date above. Lustrous with light golden toning. As struck. NGC graded MS-62.
A range of mountains, the Erzgebirge, literally the "ore mountains," occupies the old border between Saxony, of modern Germany, and Bohemia, in what is now Czechoslovakia, where, among the holdings of a Count Schlik, silver was discovered around 1512-16. Rather than sell off the silver, he chose to mint it. From this modest beginning emerged a coinage denomination that would impact the monetary history of the modern world more than any other -- for it was the origin of our "dollar."
Estimated Value $800 - 900.
Ex Irving Goodman Collection.
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| Realized $949 |
