Proof Silver Maria Theresa Thaler

in #steemsilvergold6 years ago

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Just picked up another Thaler this time a proof

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Maria Theresa Thaler proof re-strike These are great coins to collect ..Not too expensive but a nice chunk of silver
41mm Diameter and .833 silver

from wikipedia

https://en.wikipedia.org/wiki/Maria_Theresa_thaler

The Maria Theresa thaler (MTT) is a silver bullion coin that has been used in world trade continuously since it was first minted in 1741. It is named after Empress Maria Theresa, who ruled Austria, Hungary, and Bohemia from 1740 to 1780 and is depicted on the coin.

In 1741 they used the Reichsthaler standard of 9 thalers to the Vienna mark (a weight approximating half a pound of fine silver). In 1750 the thaler was debased to 10 thalers to the Vienna mark. The following year the new standard was effectively adopted across the German-speaking world when it was accepted formally in the Bavarian monetary convention. Because of the date of the Bavarian Monetary convention, many writers erroneously state that the Maria Theresa Thaler was first struck in 1751.

Since the death of Maria Theresa in 1780, the coin has always been dated 1780. On 19 September 1857, Emperor Francis Joseph of Austria declared the Maria Theresa thaler to be an official trade coinage. A little over a year later, on 31 October 1858, it lost its status as currency in Austria.

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