A mint piece of the first thaler of the Duchy of Warsaw.
The lowest mintage, among the three years of minting of the denomination.
A coin that is extremely rare at auctions in the condition offered.
The offered thaler was purchased at the 8th SNMW Auction for 31,860 PLN.
Piece of excellent presentation, the beauty is highlighted by a fine patina.
The second highest grade in the NGC registry and only one piece graded higher.
It is worth mentioning that this is one of only two pieces graded MS by NGC.
An item that appears in offered condition once in a good few years.
Obverse: head of Prince Frederick August to the right with his hair tied with a ribbon
FRID AVG REX SAX DVX VARSOV
Reverse: crowned two-field shield with the Polish Eagle and the coat of arms of Saxony, encircled by palm branches, above separated by a crown the date 18-11, below the branches initials I-B of Jakub Benik, below the name of the denomination TALAR
In 1807, the Duchy of Warsaw was formed from part of the lands of the Prussian partition, which was created by the Treaty of Tilsit, signed on July 7 and 9, 1807 by the French Empire, the Russian Empire and the Kingdom of Prussia. The creation of the Duchy of Warsaw was made possible by the victories of Napoleon Bonaparte's troops over the forces of the anti-French coalition. Another extremely important factor was the success of the Greater Poland Uprising, which broke out in the Prussian partition in 1806. The first ruler of the Duchy of Warsaw was Frederick Augustus, a king very much dependent on the Kingdom of Saxony. In 1810, at his behest, the Warsaw Mint resumed its operations, minting gold, silver and copper coins until about 1815.