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Sigismund I the Old, Trojak Krakow 1528 - the first Polish trojak - RARE

VF
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Lot description Show orginal version
Grade: VF
Reference: Iger K.28.2.a (R5), Kopicki 437 (R5), Kurpiewski 72 (R4), Tyszkiewicz 50 mk

The Trojak with which the history of the denomination began, which in subsequent years conquered Europe.

The first trojak, and the first Polish crown coin to feature a modern portrait of the king.

A large, striking coin with a diameter of almost 30 mm (Sigismund III's trojak is a mere 20 mm), whose creation is the result of Poland's struggle against the "sub-value" Świdnica half-penny issue.

On October 15, 1526, after almost 10 years of unsuccessful struggle to withdraw the coins of Ludwig (nephew of Sigismund I) flooding Poland, a new minting ordinance is introduced. Among the coins previously issued (such as denars and pennies), types of coins previously unknown in Polish minting are introduced, including the three-grosz coin.

The bullion for their minting was decided to be obtained from melted down Świdnica half-pennies. The triprockets, according to the minting ordinance, were to contain 2.32 grams of pure silver. The use of low proof silver (a mere 6-ounce sample), made the coins relatively large in size.

Very rare.

Few pieces of this distinctive issue have survived to this day, due to both the low-quality bullion being very susceptible to oxidation and Copernicus' law (inferior money drives out superior money).

The only vintage of Sigismund I's Cracow trojak.

Variety with the head of the Eagle facing left.

Standard for low proof issues, poor surface quality. Good legibility. A naturally circulated piece.

A typologically needed, sought-after item.

Silver, diameter 29 mm, weight 5.76 g.

Auction
Auction 18 - Fall '22
gavel
Date
06 October 2022 CEST/Warsaw
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Start price
526 EUR
Grade
VF
Hammer price
3 726 EUR
Overbid
708%
Views: 421 | Favourites: 28
Auction

Marciniak

Auction 18 - Fall '22
Date
06 October 2022 CEST/Warsaw
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