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Poniatowski, Thaler 6 zloty Warsaw 1795 - NGC UNC DETAILS

NGC UNC DETAILS
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Lot description Show orginal version
Grade: NGC UNC DETAILS
Certificate: NGC 5790664-002
Reference: Parchimowicz-Brzeziński 37.b1, Plage 374, Berezowski 10 zł

Variety with oak leaf overlapping the shield, different arrangement of palm leaves.

Piece of high quality. The details are beautifully preserved.

The background with a strong mirror preserved on both sides, under the colorful patina you can see traces of old rubbing.

A vintage SAP thaler, which cannot be described as rare, but pieces as preserved as the one presented here are coins already incidentally seen on the auction market.


The last vintage of Poniatowski thalers. The last issue of thalers took place in 1794-1795, at which time nearly 182,000 pieces were minted. The new minting rate lowered the bullion sample and weight, so much so that these thalers became known as "light thalers." During the Kosciuszko Insurrection, the needs of the State were so great that it was decided to use stamps with the date 1794 also in the following year. A total of seven different reverse stamps were used.

During the first two years of Stanislaw August's reign, municipal mints in Gdansk and Torun (1765 and 1766) operated. However, these cities were forced to close them. This was because the king intended to recover from the monetary chaos left over from the Saxon era and introduce a new monetary system. Its basis was to be the Dutch ducat and the thaler minted from the Cologne fine (pure silver) in 10 pieces. The reform came into force in 1766, and the monetary circulation of the Republic included fine and full-value coins: ducats, thalers, zlotys, pennies and their fractions and multiples. The fact that these were full-value coins caused them to be pulled from the market and melted down into lower-quality Prussian coins. For this reason, the monetary system was revised twice, including changing the minting rate (1787 and 1794). During the reign of Stanislaw Augustus, two state mints worked: the Cracow and Warsaw mints.


Auction
XI Stationary Auction at the Monopol Hotel
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Date
04 March 2023 CET/Warsaw
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Start price
1 068 EUR
Grade
NGC UNC DETAILS
Hammer price
3 051 EUR
Overbid
286%
Views: 345 | Favourites: 33
Auction

WÓJCICKI - Polski Dom Aukcyjny

XI Stationary Auction at the Monopol Hotel
Date
04 March 2023 CET/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
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Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
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