How much silver is in a Maria Theresa thaler?

How much silver is in a Maria Theresa thaler?

The thaler is 39.5–41 mm (1.56–1.61 in) in diameter and 2.5 mm (0.098 in) thick, weighs 28.0668 grams (0.99003 oz) and contains 23.386 grams (0.752 troy ounces) of fine silver. It has a silver content of . 833 and a copper content of . 166 of its total millesimal fineness.

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 thaler coin?

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

What is a Maria Theresa thaler worth?

Each coin contains 0.7516 troy ounces of silver, so their bullion value (BV) is 0.7516 times the current price of silver. If silver is trading at, say, $16 US dollars per troy ounce, the bullion value is 0.7516 x 16 = $12.

What is a Thaler worth?

One Thaler at that time was equal to about 3 German Marks, which equaled about 75 cents in the USA. A gold Doppelthaler was equal to 6 gold German Marks. The value of the German Mark was placed as 100 Pffenig, just as 100 cents equals one U.S. dollar, but the Mark was the equivalent of 25 cents, not 100 cents.

What is the value of a thaler?

How many Groschen are in a thaler?

24 Groschen
Until 1821, the thaler was subdivided in Brandenburg into 24 Groschen, each of 12 Pfennige. In Prussia proper, it was subdivided into 3 Polish Gulden = FL = Zloty , each of 30 Groschen (each Groschen = 18 Pfennige) or 90 Schilling.

How can you tell if a coin is a restrike?

The combination of obverse die and reverse die determines whether a piece is considered an original, a first restrike or a second restrike. For the 1844 Coronet half cents, the original would have been struck in 1844, with a first restrike produced circa 1856 to 1857 (from a second reverse die).

Does thaler come from dollar?

From Thalers to Dollars The word dollar is much older than the American unit of currency. It is an Anglicised form of “thaler”, (pronounced taler, with a long “a”), the name given to coins first minted in 1519 from locally mined silver in Joachimsthal in Bohemia.

What is a Groschen coin worth?

In Germany, the name Groschen (both singular and plural) replaced Schilling as the common name for a 12 pfennig coin. In the 18th century it was used predominantly in the northern states as a coin worth 1⁄24 of a Reichsthaler (equal to 1⁄32 of a Conventionsthaler).

What is a thaler worth?

How big is the 1780 Maria Theresa coin?

Loading… Bullion Exchanges is proud to offer this 28-gram silver 1780 Austria Maria Theresa 1 Thaler Coin. This coin has been struck from .833 fine silver. The 1780 silver Thaler was a major form of currency in Europe’s trade with the Levant; the eastern countries bordering the Mediterranean between Turkey and Egypt.

Where does the Maria Theresa thaler coin come from?

Nice coin. The double headed eagle gives away the design as being from Austria, Russia, or Germany. This is a Maria Theresa Thaler from Austria: a big, bold, beautiful coin. However, these coins are restrikes, not originals, not rare, and not very valuable.

What’s the value of a 1780 Austrian coin?

The date says 1780, but, if you have one, it could have been minted last week. Each coin contains 0.7516 troy ounces of silver, so their bullion value (BV) is 0.7516 times the current price of silver. If silver is trading at, say, $16 US dollars per troy ounce, the bullion value is 0.7516 x 16 = $12.

What kind of coins do they have in Austria?

AUSTRIA : SILVER MARIA THERESA THALER 1780. UNC. RESTRIKE Maria Theresa 1780 Austrian restrike. Large, crisp, clean 1 Thaler coin. Austria Maria Theresa 1780 Thaler Proof Silver Coin Restrike – REAL GEM!