Germany 1779 Thaler - Alexander

NUM-2MA-GER018/18

Used

1 Thaler.
Brandenburg-Ansbach. German States.

Condition: (see image)

KM#315

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1 900,00 €

Data sheet

Year 1779
Face value 1 Thaler
Metal Silver
Diameter 42,00 mm

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Christian Frederick Charles Alexander was the last Margrave of the two Franconian principalities, Brandenburg-Ansbach and Brandenburg-Bayreuth, which he sold to the King of Prussia, a fellow member of the House of Hohenzollern.

After the sudden death of his elder brother Charles Frederick August on 9 May 1737, "Alexander", as he later called himself, became Crown Prince of the principality.

In 1780, Charles Alexander founded his own bank, the Hochfürstlich-Brandenburg-Anspach-Bayreuthische Hofbanco, out of which later came the Bayerische Hypotheken- und Wechselbank ("Bavarian Mortgage and Change Bank", today absorbed into the HypoVereinsbank). He evidently wanted to avoid supporting the Jewish banking houses that were then overseeing his financial affairs, and to keep as much of his revenue as possible in his own hands by setting himself up as a private banker.