How much is a thaler worth today?
This returns the coin to being the equal value of a Goldgulden. The Thaler is now equivalent to 72 Kreuzer.
Is the Maria Theresa thaler still used?
Since then, the Maria Theresa thaler has been restruck for trade purposes at Vienna, Austria, with the 1780 date frozen in time. The thaler became the unofficial currency in some areas of Africa and Asia, and is still in use today as a ‘trade silver dollar’ in many Arabian bazaars.
What is a restrike coin?
One of the most misunderstood terms in numismatics is the word “restrike.” In its strictest sense, a restrike is a coin made from original dies at a later year. This is because most mints destroyed or dramatically altered original coinage dies; they almost never survived after their year of issue.
Where was the thaler used?
Between 1751 and 2000, some 389 million were minted and all are dated 1780. The Thaler came to be used as currency in large parts of Africa until after the Second World War. It was common from North Africa to Somalia, Ethiopia, Kenya, and down the coast of Tanzania to Mozambique.
Are restrike coins worth anything?
Eight coins were made in the 1830s, then another seven were struck in the 1850s and 1860s. These “1804” Dollars are now major rarities with each worth seven figures each! On the opposite end of the spectrum, there are seemingly endless items called “restrikes” with little or no numismatic value.
Are restrike coins fake?
An official restrike is a genuine coin struck by the original Mint, but with a retrospective date. The word restrike is often euphemistically and dishonestly used for fakes. The most obvious and best documented example of restriking of gold sovereigns is that of the 1925 London Mint coins.
How much is a 1780 Maria Theresa thaler worth?
1780 Silver Coin Maria Theresa Thaler M·THERESIA·D·G· R·IMP·HU·BO·REG· S·F·. $23.50. Free shipping.
What does the motto on a Maria Theresa thaler coin mean?
Meanwhile, the coin’s edge also bears a Latin inscription: “Justitia et Clementia”. This is the motto of the queen during her time in power, which means justice and clemency. Since 1780, the year when Queen Maria Theresia died, the Thaler coin has been dated 1780.
Where are the coins of Maria Theresa minted?
Since the death of Maria Theresa in 1780, the coin has always been dated 1780. It has been continuously minted in various mints around the world: Birmingham, Bombay, Brussels, London, Paris, Rome and Utrecht, in addition to the Habsburg mints in Günzburg, Hall, Karlsburg, Kremnica, Milan, Prague, and Vienna.
What was the date of Maria Theresa’s death?
It was the circulating currency of the Holy Roman Empire and its dominions and it was one of the most important trade coins in Europe and the world. Since the death of Maria Theresa in 1780, the coin has always been dated 1780.
