József Miksa I, a member of the House of Wittelsbach, was the Elector of Bavaria and the Palatinate from 1799, then the first king of Bavaria from 1806. He was born on May 27, 1756 in Schwetzingen and died on October 13, 1825 in Munich. His father Frigyes Mihály was the palatial count of Zweibrücken-Birkenfeld, his mother was the palatial countess Mária Franciska of Sulzbach. 1799 After the death of Elector Károly Tivadar, József Miksa inherited the Bavarian throne. 1806 Napoleon Bonaparte became king of Bavaria thanks to his alliance with the French emperor. He shaped the fragmented and poorly administered Bavarian provinces into a modern state. , placing them on solid foundations. Miksa married twice and had a total of 13 children. His first wife was Princess Augusta Vilma Maria of Hesse-Darmstadt (1765–1796), Prince Georg Wilhelm von Hessen-Darmstadt (1722–1782) and Maria Luise Albertine von Leiningen- The youngest daughter of Duchess Dagsburg-Falkenburg (1729–1818). They were married on September 30, 1785. His second wife was Princess Karolina Friderika Vilma of Baden (1776–1841), the eldest daughter of Crown Prince Károly Lajos of Baden (1755–1801) and Princess Amália of Hesse-Darmstadt (1754–1832). Their wedding took place on March 9, 1797. Among his children were King Louis I of Bavaria and several daughters who married into other European ruling houses. During the reign of József Miksa, Bavaria went through significant changes, and his reforms laid the foundation for the modern Bavarian state. His resting place is in the Church of the Theatines in Munich.

The coinage of the Bavarian King Miksa I brought about a significant change in the Bavarian financial system. The earlier coinage traditions linked to the Habsburgs were replaced by an independent Bavarian coinage system.I. During Miksa's reign, new coins were introduced, which depicted the coat of arms and emblems of the Bavarian ruling house, the Wittelsbachs. These coins were: Gold ducat: This was the most valuable Bavarian coin. The obverse of the ducat featured the portrait of Miksa I, and the obverse of the coat of arms of the House of Wittelsbach. Silver ten-piece: This was the most common Bavarian coin. The obverse of the ten krajcár featured the portrait of Miksa I, and the reverse featured the coat of arms of the House of Wittelsbach and the coat of arms of Bavaria. White krajcár: This was the lowest value Bavarian coin. On the front of the white krajcár was the portrait of Miksa I, and on the back the coat of arms of the House of Wittelsbach and the coat of arms of Bavaria.I. During the reign of Miksa, the gold standard was introduced in Bavaria. This meant that Bavarian coins were valued based on their gold content.I. During the reign of Miksa, Bavaria obtained the monopoly of coinage. This meant that only the Bavarian ruling house had the right to mint money.I. Miksa's coinage reforms contributed significantly to the financial stability and development of Bavaria. As a result of the reforms, the financial system of Bavaria became more modern and efficient.