Thaler struck at the Dresden mint in 1778 under Frederick Augustus III, later King of Saxony. The issue reflects the traditional style of 18th-century Saxon thalers, with the laurel-wreathed coat of arms.
Variety with initials EDC of Ernst Dietrich Croll, mintmaster of Dresden mint in 1763-1778.
Obverse: bust of Frederick Augustus III facing right
FRID AUGUST D G DUX SAX ELECTOR
Reverse: coat of arms of the Electorate of Saxony within a laurel wreath, topped with an electoral crown, legend EINE MARCK F., below the initials E.D.C. (Ernest Dietrich Croll, mintmaster in Dresden 1763–1778) and date 1778
Diameter 40 mm, weight 27.55 g