The 1617 gold ducat from the German state of Saxony was minted under Johann Georg I to commemorate the 100th anniversary of the Reformation. This coin, often called a "Reformation Ducat," features portraits of both Johann Georg I and Martin Luther or his predecessor, Friedrich III, on opposite sides, symbolizing the connection between the elector and the religious event. The coin is made of 98.6% pure gold and is a popular and historically significant collectible.
Formerly in a PCGS slab, now graded by NGC, with just this coin in AU-53 and 15 others in higher grades at NGC
Minted in: Saxony, specifically the Dresden mint.
Ruler: Johann Georg I (ruled 1611–1656).
Purpose: To commemorate the 100th anniversary of the 95 Theses, a key event in the Reformation.
On the obverse: The portrait of Johann Georg I, along with an elector's cap and sword. Some variations show a portrait of Martin Luther on the reverse.
On the reverse: The portrait of Johann Georg I's predecessor, Friedrich III, or Martin Luther.
Material: Gold, with a purity of 98.6% (23.68 karats).
KM 109; Fr-2663.