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Chaponnière & Firmenich SA
Auction 12  18 Oct 2020
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Lot 437

Starting price: 3000 CHF
Price realized: 15 000 CHF
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GERMANY. Bavaria. Ludwig I, 1825-1848. Ducat 1830. Isar gold in Munich. Obv. LUDOVICUS I BAVARIAE REX. Bare head right. Rev. EX AURO ISARAE / MDCCCXXX. Isar river emptying a jar, coat of arms and view of a Munich. KM 757; Fr. 274. AU. 3.49 g. R PCGS MS 61
Beautiful coin retaining its original mint lustre.
Like the Rhine river, gold panning in the Isar (tributary of the Danube) has been documented since Antiquity. The main extraction activity was in the alluvial areas of the river. Beginning in the 16th century we can find a large quantity of imperial patents in the archives of the Holy Empire authorizing the exploitation of gold deposits. This activity collapsed in the second half of the 19th century, as the cost of extraction became too high for the yield obtained.
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