Seufzer Öffentlichkeit Deposited
The word means both a sigh and a groan, and the nickname was given to certain very debased silver pieces issued in 1701 and 1702 by the Elector Frederick August to defray the expenses of the wars. They were valued at six Pfennige, and a sigh accompanied their acquisition. They were withdrawn from circulation in 1703, having nearly brought financial ruin to the country.
- Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)