The Bartgroschen ("beard groschen") was a Saxon coin minted in 1492 and 1493 and embossed with an image of the bearded Duke Frederick III, the Wise (1486–1525). A total of 205,000 pieces were struck[1] at the mints of Zwickau and Schneeberg. The groschen were the first Saxon coins with a portrait of the regent.[2]