A rare Elblag sixpence in beautiful state of preservation.
A variety with a thick royal bust, with an order ribbon at the bottom interrupting the obverse inscription.
The penultimate vintage of coins from the Elblag mint, which no longer resumed operations during Poniatowski's reign.
A mint fresh piece with mint luster preserved on both sides. Piece in natural, aged patina, which gives the coin an excellent presence. Attention is drawn to the beautifully preserved royal portrait.
A high-grade piece, rare and sought-after, especially in such excellent condition.
Obverse: bust of the king wearing a crown and armor covered with a cloak
D G AVGVST III R POL M D L R P D S & EL
Reverse: in an ornate cartouche the city shield, above the denomination VI, below the date 1762 and the initials ICS Jost Karl Schröder
MON ARGENT CIVIT ELBINGENSIS
Diameter 24 mm, weight 4.23 g
For the sixteen initial years of his reign, Augustus III Saxon had essentially no minting policy. It was not until 1749 that a decision was made to start the production of copper shekels and pennies. This task was carried out by three mints: in Dresden, Gruntal and Gubin. In turn, in 1752, Leipzig began producing gold coins (augustdors and ducats and their fractions and multiples), as well as silver coins (thalers, half-talers, two-gold coins, tymphes, orts, sixpences, triples and halves). From a formal point of view, the letting go of mints issuing Polish coins was illegal. This is because it was not authorized by the Polish Sejm. The same can be said of the activities of municipal mints in Royal Prussia. Gdansk, Torun and Elblag began mint production without asking the permission of Treasurer Karol Sedlnicki.
During the reign of Augustus III Sas, the Elblag mint operated from 1760 to 1763, with issues including shekels, trojaks, sixpences, orts, tymphes and two-dukats. A number of managers passed through the mint at the time, including Justus Karol Schröder (1761-1763). Coins minted under his leadership were marked with the initials "ICS." The death of August III ended the beautiful history of the Elblag mint, which dated back to the Middle Ages.
