Advanced search Advanced search
306

Sigismund III Vasa, 3 Groschen Krakau 1619 - NGC MS63

NGC MS63
add Your note 
Lot description Show orginal version
Grade: NGC MS63
Certificate: NGC 5787305-001
Reference: Iger K.19.1.a

Cracovian Trojaks are generally among the extremely popular coins, but in such an excellent state of preservation, it is already a rarity.

A mint piece, glossy on both sides.


During the reign of Sigismund III, trojaks were minted at 7 crown mints (Olkusz, Poznan, Malbork, Bydgoszcz, Wschowa, Lublin, Krakow), 1 Lithuanian mint (Vilnius) and 2 municipal mints (Riga, Gdansk). As in the reign of Stefan Batory, they constituted international money, eagerly accepted throughout much of Central and Eastern Europe. Trojaks were minted on the basis of four minting ordinances: 1580 (sample of XIII ½ of a ruff, pure silver content - 2.059 g), 1604 (XIII ½ of a ruff, 1.885 g, respectively), 1616 (XIII of a ruff, 1.561 g), 1623 (VII ¼ of a ruff, 0.914 g). As King of Sweden, Sigismund III minted city trojaks in Rewal (proof coins).

The background of the monetary history of the Commonwealth during the reign of Sigismund Vasa was the progressive monetary crisis caused by the situation in Germany and the influx of spodlated German coinage into Poland. Initially, the mint rate was determined by Stefan Batory's ordinance of 1580. With the crisis deepening, in 1601 it was decided to raise the mint rate, i.e. devalue the denominations in circulation. The following years saw further legislation lowering the silver content of various denominations. Of these, the most important was the Ordinance of 1623. It introduced a stable monetary system, based on the monetary system of the Empire. During the reign of Sigismund III, new denominations appeared in the Polish-Lithuanian Commonwealth - three-cornered coins, halves and orts. In turn, in 1621, the highest denomination in the history of Polish money was minted at the Bydgoszcz mint - the hundred-drachma. This was the crowning achievement of the intensive issuance of gold coins during the reign of Sigismund III. Crown mints (Olkusz, Wschowa, Poznań, Malbork, Bydgoszcz, Lublin, Kraków, Warsaw), Lithuanian mints (Vilnius), municipal mints (Gdańsk, Elbląg, Toruń, Riga, Poznań, Wschowa) and a private mint in Łobżenica worked during this period. Sigismund Vasa's Swedish coins were issued by mints in Stockholm, Rewal and Malbork. In 1627, a decision was made to stop issuing small coinage. This decision remained in force until 1650.


Auction
X Jubilee Auction at the Monopol Hotel
gavel
Date
01 October 2022 CEST/Warsaw
date_range
Start price
106 EUR
Grade
NGC MS63
Hammer price
177 EUR
Overbid
167%
Views: 127 | Favourites: 3
Auction

WÓJCICKI - Polski Dom Aukcyjny

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
WÓJCICKI - Polski Dom Aukcyjny
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