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NEWP: 1761 Cologne taler

Auction description from Heritage:
Cologne. Sede Vacante Taler 1761 AU55 NGC, KM159, Dav-2176. One-year type. Obv. St. Peter with cross shield on clouds. Rev. Mary with child surrounded by three magi. A highly elusive issue, better struck than most, with significant original gleam in the fields and light pastel toning accents over both sides.

My comments:
Only 2 of this 1761 sede vacante issue have been graded at NGC and PCGS combined. Cologne talers are not easy to find in general, and even more difficult in a ‘non-details’ state. NGC has graded a total of 9 Cologne talers across all centuries, PCGS has graded 3, and only one in this population of 12 is mint state. This particular piece commemorates the empty seat after the death of Clemens August of Bavaria, Archbishop-Elector of Cologne (1723–1761). The crude design is atypical of late 18th century taler designs, and is often mistaken for wear. A reliquary in the Cologne cathedral is said to hold the bones of the 3 magi, which is a theme common to Cologne coins and medals. The Shrine of the Three Kings is a fascinating piece of history in itself – pic below.

NGC AU-55
DAV-2176; Zepernick 41

Shrine of the Three Kings:
https://en.wikipedia.org/wiki/Shrine_of_the_Three_Kings

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