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January 2020 NYINC Auction  20-22 Jan 2020
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Lot 23750

Starting price: 150 USD
Price realized: 320 USD
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GERMANY. Franconian Circle - Henneberg-Ilmenau. 60 Kreuzer, ND (1693-95). Nuremberg Mint. NGC EF-45, Countermark: AU Standard.
KM-31.7; Dav-686; A.N.S. Museum Notes No. III-Pl. XIV # 3. Issued by order of the Assay meeting of the three circles, which assembled at Nuremberg on 24 July to 3 August 1693, adopted by assay meeting of 12-22 December 1693 until at least 7 December 1695. "FC" monogram with 60 N above countermark applied to a 1692-BA Henneberg-Ilmenau 2/3 Taler of Johan Ernst of Saxe-Weimar (1683-1707). Countermark well struck and clear exhibiting a small die crack in the upper portion. An attractive example with light old envelope tone.

After a series of debasements it was necessary to revalue the circulating specie in the region. It was eventually decided that all appropriate coinage was to be revalued at 60 new Kreuzer.

Estimate: $250.00- $350.00

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