Rare variant with no dot after COLONIEN, dot after 1766, dot after FS.
Vintage mintage of 77,618 pieces, and the estimated mintage of the featured variant is only 1,046 pieces, the second lowest mintage of the entire vintage.
A great piece. Coat of arms side with full mirror and strikingly, perfectly preserved relief.
Portrait side with gently moved upper elements. Minor cracking of the disc, with no justunku on either side.
The coin comes from the 1st SNMW Auction of February 24, 2018, where it was sold at the time for 15,680 PLN.
Piece removed from NGC slab with AU58 note.
The presented item was an adornment of the SAP Coin described in the blog, the so-called Adam Collection.
Obverse: bust of the king in armor facing right
STANISLAUS AUGUSTUS D G REX POL M D LITHU
Reverse: crowned, oval, five-field shield of arms, with the Ciołek coat of arms in the center, all surrounded by a wreath of palm and oak leaves with a ribbon inscribed PRO FIDE LEGE ET GREGE and with the Order of the White Eagle, on the sides of the Order initials F-S of Frederick Wilhelm Sylm, a minter of Warsaw
X EX MARCH PURA - COLONIEN 1766
Diameter 43 mm, weight 27.88 g
During the first two years of the reign of Stanislaw Augustus, municipal mints operated in Gdansk and Torun (1765 and 1766). 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 effect 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 August, two state mints worked: the Cracow and Warsaw mints.
