Roter Seufzer

[5][6][7] August II had two lots of the sixers struck in quick succession with a converted face value of 280,000 Thalers each.

[8] The Leipzig mintmaster, Ernst Peter Hecht, survived the economic crisis caused by the inferior sixers unchallenged.

The King blamed the coin scandal on Grand Chancellor and Privy Council, Wolf Dietrich, Count of Beichlingen,[9] who had fallen out of favour in 1702 because of his issue of a Bankothaler (Beichlingscher Ordenstaler).

The King himself ordered the minting of a second lot [...] of such sixers and actually made enjoyed a net profit of 236,000 thalers from these two issues.

On 16 February 1703, King Augustus II ordered them to be accepted at 3 pfennigs each, but on 13 April conceded to the public and its circulation price value at 2 Pf.

6 Pfennig piece, 1701, Roter Seufzer " from the Leipzig Mint, mmz. E.P.H., mintmaster Ernst Peter Hecht
Portrait of Beichlingen on a "medal of the fallen [...] Count [...] by A. 1702” – from Köhler's Münzbelustigungen ("Coin Fun"). ( Medalist J. W. Höckner, Dresden Mint.) The blame for the coinage scandal was shifted to Beichlingen.