Brunswick-Wolfenbuttel (1620-21) 12 kreuzer KM-154

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from the Stack's Bowers 2024 ANA sale, lot 46033
SB824-46033r.jpg

This specimen was lot 46033 in Stack's Bowers ANA sale (Chicago, August 2024), where it sold for $125. The catalog description[1] noted, "GERMANY. Brunswick-Luneburg: Brunswick. 12 Kreuzer, ND (1620-22). Frederick Ulrich. NGC MS-63." This twelve kreuzer was struck in numerous varieties, including KM 153, 154 (shown here), 155, 158, 266, 267, KM 268, KM 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280, 281, 282, 283, 284, 285, 286, 287, 288, 289, 291, 292, 297, 298, 299, 300, 301, 303, 304, 305 and 306, most without photos in the SCWC. The kipperzeit of 1618-23 saw the minor coinage of Germany inflated by about seven or eight to one as the princes of the empire geared up for the Thirty Years War. Some claim this inflationary period wreaked more havoc than the marching, fighting and pillaging of the armies. The duke of Brunswick-Wolfenbuttel seems to have been an enthusiastic participant as we see dozens of varieties of kipper 12 and 24 kreuzer in the listings, as noted above. The duke carefully did not tamper with the major coins, the thaler and the ducat, perhaps to avoid angering the wealthier classes who used those denominations. He also likely issued more in the name of the county of Hohnstein to maintain distance between himself and the proceedings. Once the kipper period was over, there was a concerted effort to recall and melt down the debased issues, accounting for their rarity today.

Recorded mintage: unknown.

Specification: silver.

Catalog reference: KM-153.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2024 Global Showcase Auction, World & Ancient Coins, featuring The Emilio M. Ortiz Collection, The Richard Margolis Collection and The Rutherford Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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