Advanced search Advanced search
316

John II Casimir, 1/4 Thaler Fraustadt 1650 - NGC AU55

NGC AU55
add Your note 
Lot description Show orginal version
Grade: NGC AU55
Certificate: NGC 5784554-022
Reference: Kopicki 1695, Tyszkiewicz 1.50 mk

A variety with the P&S inscription ending on the obverse and with a narrow portrait of the king.

The first vintage of Jan Casimir's orts minted according to the new minting ordinance from sterling silver, where 16 lows meant pure bullion.

Piece in beautiful old patina with very well preserved details.

The note from NGC does not reflect the beauty of the piece on display.


At the beginning of the reign of John Casimir, an ambitious attempt at monetary reform took place (1650). A ban on the circulation of foreign money was introduced and the issuance of good money of its own began. It was then that copper shekels (wide) first appeared. The assumptions of the reform proved unrealistic so it was quickly withdrawn. Meanwhile, in Lithuania, which did not feel obliged to implement the 1650 reform (its representatives did not participate in the work of the commission), a parallel reform was introduced, based on other principles. In view of the Moscow invasion, the Vilnius mint worked only in 1652-1653. In turn, under the conditions of the Swedish deluge, an important episode in the history of Polish minting was the launch of a makeshift crown mint in Lviv (1656-1657). The monetary relations of the Commonwealth tried to put in order the ordinance of 1658. The most notable for the period of the reign of Jan Kazimierz were the issues of subvalue money: small copper crown and Lithuanian shekels (so-called boratins) minted in the number of about 2 billion pieces, and zlotys (so-called tymfs), with an official value of 30 pennies - more than twice the actual silver content of the coin. Of the municipal mints in the period in question, there were mints in Gdansk, Elblag and Torun. John Casimir also exercised his minting rights as Prince of Opole and Racibórz (three-crore coins were minted at the Opole mint).

During the reign of Jan Kazimierz, orts were minted at nine mints: five crown mints (Bydgoszcz, Wschowa, Poznan, Krakow, Lviv), a Lithuanian mint (Vilnius) and three city mints (Gdansk, Torun, Elblag). The most abundant minting production was developed in Cracow and Bydgoszcz. In terms of iconography, on the other hand, the mints in Wschowa and Lviv stood out. The former, due to the depiction of the king in ancient armor and with a laurel wreath on his head (instead of a crown), the latter due to the primitivism of the drawing associated more with folk art than with the activities of the state mint. Lithuanian orts were minted only in 1664. Of the city orts, the rarest and - consequently - the most desirable to collectors are the Elblag orts. The first issues of John Casimir's orts were based on the 1650 orts. The coins were minted from 14th-karat silver, weighed an average of 5.607 g and contained 4.906 g of pure bullion. In 1654, the standard of the orta was lowered slightly. At that time, the sample of silver was set at XI lute, the weight of a single piece was set at 6.726, and the content of pure silver was to be 4.626 g. In 1656, there was another change - respectively, the sample of silver was set at XI of the lats, the weight was set at 6.308 grams, and the pure silver content was set at 4.337 grams. This was not the last change in the standard of the orta. As of 1657, the following values were in effect: sample XII of the lute, weight - 5.312 g, pure silver - 3.984 g. The last change was brought by the Ordinance of 1658 (the most durable of Jan Kazimierz's legal acts relating to minting). It adopted for the orts a silver sample of X lows, an average coin weight of 6.308 g and pure silver content of 3.943 g.


Auction
X Jubilee Auction at the Monopol Hotel
gavel
Date
01 October 2022 CEST/Warsaw
date_range
Start price
319 EUR
Grade
NGC AU55
Hammer price
810 EUR
Overbid
254%
Views: 197 | Favourites: 11
Auction

Salon Numizmatyczny Mateusz Wójcicki

X Jubilee Auction at the Monopol Hotel
Date
01 October 2022 CEST/Warsaw
Lots bidding

All lots are listed to bid

Buyer's premium
19.00%
Bid increments
  1
  > 10
  100
  > 20
  300
  > 50
  1 000
  > 100
  3 000
  > 200
  7 000
  > 500
  20 000
  > 1 000
  50 000
  > 2 000
  100 000
  > 5 000
  200 000
  > 10 000
  300 000
  > 20 000
  700 000
  > 50 000
  1 100 000
  > 100 000
 
Terms and Conditions
About the Auction
FAQ
About the Seller
Salon Numizmatyczny Mateusz Wójcicki
Contact
Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
room
Zwiadowców 9
52-207 Wrocław
phone
+48 71 30 70 111
Opening hours
Monday
09:30 - 17:00
Tuesday
09:30 - 17:00
Wednesday
09:30 - 17:00
Thursday
09:30 - 17:00
Friday
09:30 - 17:00
Saturday
Closed
Sunday
Closed
keyboard_arrow_up