Saxony 1622 30 groschen KM-268

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Jean Elsen sale 165, lot 984
JE165-984r.jpg

This specimen was lot 984 in Jean Elsen sale 165 (Brussels, June 2026), where it sold for €150 (about US$207 including buyer's fees). The catalog description[1] noted,

"ALLEMAGNE, SAXE, Johann Georg Ier (1615-1656), AR Kipper 30 Groschen, 1622, Dresde. D/ Ange de f. ten. l'écu de Saxe. R/ Deux anges ten. trois écus, sous la date. Différent: cygne. Rare. presque Très Beau. (Germany, electorate of Saxony, John George I, 1615-56, silver kipper thirty groschen of 1622, Dresden mint. Obverse: angel facing, supporting the arms of Saxony; reverse: two angels supporting three shields, the date above. Privy mark: swan. Rare, about Very Fine.)"

The elector struck 8, 10, 20, 30 and 60 groschen in dozens of varieties. The shortsighted overissue of kipper coinage created a brief inflationary bubble in Germany 1619-24. After it burst, the debased coinage was called in and melted, accounting for its rarity today. The SCWC lists KM 266 (Annaberg), 267 (Chemnitz), 268 (Dresden, shown here), 269 (Leipzig), 270 (Leipzig), 271 (Merseberg), 276 (Pirna), 278 (Weida), 279 (Zwickau) and 280 (Zwickau, klippe). This example has the weight of 3/8 thaler but the face value of half a thaler.

Recorded mintage: unknown.

Specification: 11.03 g, silver, this specimen 10,62 g.

Catalog reference: KM 268, Rahnenführer 147.

Sources:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • [1]Elsen, Philippe, et al., Vente Publique 165, Brussels: Jean Elsen et ses Fils S.A., 2026.

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