Mint piece with minimal scarcity, but with a beautiful glossy background.
Plate tip.
A beautiful coin appreciated with the second highest grade in the NGC registry and only one piece graded higher.
During the reign of Sigismund the Old, in 1526-1528, perhaps the most important monetary reform in the history of Polish money was carried out. A modern, efficient system based on full value coinage - silver and gold - was introduced. The monetary system of Sigismund the Old was represented by denars, ternars, shekels, half-pennies, pennies, trojaks, sixpences, thalers (still medals) and ducats. The king led to the monetary union of the Crown and Royal Prussia. The monetary system of the Grand Duchy of Lithuania, however, functioned separately (4 Lithuanian pennies equaled 5 Polish pennies). Sigismund the Old left his mark not only on Polish minting (as King of Poland) and on Lithuanian minting (as Grand Duke of Lithuania). He also left his mark in Silesian minting as Duke of Glogow, minting (possibly) haler and (certainly) Glogow pennies in 1505 and 1506.