Skip to main content
Go to accessibility notice

    Description

    A Stunning Presentation Piece

    Brunswick-Wolfenbüttel. Friedrich Ulrich 5 Taler 1614 MS63 NGC, Goslar mint, Heinrich Oeckeler as mintmaster, KM54, Dav-36 (LS). Marvelously engraved and possessed of an exacting strike, this imposing multiple Taler remains in an almost unbelievable state of preservation. Light lavender tone bathes the fields and recessed areas while the high points and margins of the devices remain lustrous and bright; the overall juxtaposition of coloring and relief lending a virtual cameo effect to the depiction of the duke on horseback. Typical of a coin of this proportion, there is light doubling in sections of the obverse legend, a few scattered surface marks, and small touches of striking weakness to the flourishes in the reverse arms, but these hardly affect the overall presentation. This specimen is absolutely superior to similarly-denominated examples from almost every issuer. The balance of the exceptional standard of production with the obvious care taken in the safekeeping of this magnificent piece over the past 402 years set it in a special class of rarity highly sought after by the most advanced numismatists currently active.

    Löser, or Redeemers, inhabit a purposeful, albeit very unusual, place in German numismatics. The utility of such coins in everyday commerce was virtually nil, but that was essentially the point. Duke Julius of Brunswick-Wolfenbüttel was the first to institute such a coinage in 1574, giving the genre its common name of "Löser" by the engraving of "BRVNSWIGS IVLIVS LOSER AM WERT ALIIS INSERVIENDO CONSVMOR" in the reverse inscription. Due to plentiful silver production in the Harz Mountains, the idea was that nearly all landowners were required to purchase at least one Löser whenever an issue was produced and then retain it for redemption to the treasury in the event of war or crisis. In addition to the requirement of purchase, there were officials that conducted periodic checks on landholders to account for the Löser and to ensure they were accessible. The calling in and melting of such specie throughout the turbulence of the Thirty Years' War has contributed to the great rarity of many types, particularly in exceptional condition.
    From the Cape Coral Collection of Multiple Talers


    View all of [The Cape Coral Collection of Multiple Talers ]

    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  | NGC Coin Grading Guarantee

    Important information concerning Sales Tax and Resale Certificates. Learn More

    Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    World and Ancient Coin Bibliography

    Auction Info

    Auction Dates
    August, 2016
    11th Thursday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 1,501

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 1 day left to consign to the 2019 June 27 - 28 Hong Kong International Numismatic Fair World Coins Signature Auction - Hong Kong!

    Learn about consigning with us

    I was very pleased when you handled the sale of my husband’s coin collection.
    Victoria L.,
    San Gabriel, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 March 14 - 16 US Coins Signature Auction
    2019 March 14 - 16 US Coins Signature Auction
    REALIZED $7,962,504
    2019 January 15 - 16 World Coins Signature Internet Auction - Dallas
    2019 January 15 - 16 World Coins Signature Internet Auction - Dallas
    REALIZED $2,726,752
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    REALIZED $2,397,231