1538, Saxony, John the Magnanimous. Silver Thaler. RARE RARE !

Description

Condition:
VF (removed old loop and counter stamped initials)
Mint Year: 1538
Mint Place:
Annaberg
Ruler:
John Frederick I "the Magnanimous" & George (1534-1539)
Reference:
Davenport 9721, Keilitz 128, Schnee 72, Engelhardt 139. var., KM-
RRR!
Denomination:
Thaler
Diameter:
40mm
Weight:
28.8gm
Material:
Silver
Obverse:
Bearded bust left, title and date around, quartered by arms. Legend: * GEOR (lion) DVX . SA (eagle) X . FIE . F (griffin) A. 1538 (arms of Saxony)
Reverse:
Bust with sword right, title around, quartered by arms. Legend: IOHAN (griffin) FRI . FOE (arms of Meissen) C . DVX . S (shield of Saxony) AX . F . F (crossed swords)
Comment: Two counter stamped initials (H/N) in fields.
A very rare early silver thaler issued during the reign of John Frederick I (and George) is widely known as the Head of the Protestant Confederation of Germany. "Champion of the Reformation"
A VERY RARE and IMPORTANT early silver thaler.
US SALES ONLY