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John II Casimir, 1/4 Thaler 1663 HDL - NGC MS63

NGC MS63 2-ga nota
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Lot description Show orginal version
Grade: NGC MS63
Certificate: NGC 5780923-016
Reference: CNCT 1681 (R2), Kopicki 8326 (R1)

Variety with the city's coat of arms decorated on the cartouche with large points, bust of the king with a narrow head, without crowns on the collar. On the reverse, on the sides of the city's coat of arms, the initials HDL of Hans Dawid Lauer, mincmaster of the Torun mint.

An exquisitely preserved piece with the second highest note in the NGC register.

Attention is drawn to the excellent minting quality of the portrait page. At the beginning of the reign of Jan Kazimierz, an ambitious attempt at monetary reform took place (1650). A ban on the circulation of foreign money was introduced and the issuance of good own money began. It was then that copper shekels (wide) first appeared. The assumptions of the reform proved unrealistic so it was quickly withdrawn. Meanwhile, in Lithuania, which did not feel obliged to implement the 1650 reform (its representatives did not participate in the work of the commission), a parallel reform was introduced, based on other principles. In view of the Moscow invasion, the Vilnius mint worked only in 1652-1653. In turn, under the conditions of the Swedish Deluge, an important episode in the history of Polish minting was the launch of a makeshift crown mint in Lviv (1656-1657). The monetary relations of the Commonwealth tried to put in order the ordinance of 1658. The most notable for the period of the reign of Jan Kazimierz were the issues of subvalue money: small copper crown and Lithuanian shekels (so-called boratins) minted in the number of about 2 billion pieces, and zlotys (so-called tymfs), with an official value of 30 pennies - more than twice the actual silver content of the coin. Of the municipal mints in the period in question, there were mints in Gdansk, Elblag and Torun. John Casimir also exercised his minting rights as Prince of Opole and Racibórz (three-crore orts were minted at the Opole mint).

During the time of Jan Kazimierz, orts were minted at nine mints: five crown mints (Bydgoszcz, Wschowa, Poznan, Krakow, Lviv), a Lithuanian mint (Vilnius) and three city mints (Gdansk, Torun, Elblag). The most abundant minting production was developed in Cracow and Bydgoszcz. In terms of iconography, on the other hand, the mints in Wschowa and Lviv stood out. The former, due to the depiction of the king in ancient armor and with a laurel wreath on his head (instead of a crown), the latter due to the primitivism of the drawing associated more with folk art than with the activities of the state mint. Lithuanian orts were minted only in 1664. Of the city orts, the rarest and - consequently - the most desirable to collectors are the Elblag orts. The first issues of John Casimir's orts were based on the 1650 orts. The coins were minted from 14th-karat silver, weighed an average of 5.607 g and contained 4.906 g of pure bullion. In 1654, the standard of the orta was lowered slightly. At that time, the sample of silver was set at XI lute, the weight of a single piece was set at 6.726, and the content of pure silver was to be 4.626 g. In 1656, there was another change - respectively, the sample of silver was set at XI of lats, the weight was set at 6.308 grams, and the pure silver content was set at 4.337 grams. This was not the last change in the standard of the orta. As of 1657, the following values were in effect: sample of XII lavs, weight - 5.312 g, pure silver - 3.984 g. The last change was brought by the Ordinance of 1658 (the most durable of Jan Kazimierz's legal acts relating to minting). It adopted for the orts a silver sample of X lows, an average coin weight of 6.308 g and pure silver content of 3.943 g.


Auction
XI Stationary Auction at the Monopol Hotel
gavel
Date
04 March 2023 CET/Warsaw
date_range
Start price
855 EUR
Grade
NGC MS63 2-ga nota
Hammer price
1 271 EUR
Overbid
149%
Views: 276 | Favourites: 15
Auction

WÓJCICKI - Polski Dom Aukcyjny

XI Stationary Auction at the Monopol Hotel
Date
04 March 2023 CET/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
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