⅙ Thaler 1692 front ⅙ Thaler 1692 back
⅙ Thaler 1692 photo
© Sincona AG

⅙ Thaler

1692 year
Silver 4.84 g 29 mm
Description
Issuer
Zug
Type
Standard circulation coin
Year
1692
Value
⅙ Thaler = 20 Kreuzer
Currency
Thaler (1691-1798)
Composition
Silver
Weight
4.84 g
Diameter
29 mm
Shape
Round
Demonetized
Yes
Updated
2024-10-08
References
Numista
N#100203
Rarity index
100%

Reverse

Crowned imperial eagle, 1/6 in oval on chest.

Script: Latin

Lettering:
+CVM HIS·QVI OD PACEM·ERAM·PACIFICVS
1/6

Interesting fact

The ⅙ Thaler 1692 from Zug was minted during a time when the Swiss Confederation was still a relatively new entity, having been formed just over a century earlier in 1291. The coin's design and minting process reflect the early stages of standardization in coinage across the Confederation, which was an effort to create a uniform currency that could be used across the different regions and cities of Switzerland. Despite being made of silver, the coin's value was not based on its metal content, but rather on its face value, which was set by the authorities in Zug. This fact highlights the importance of standardization in the development of currency and the need for a central authority to regulate the minting process to ensure the stability of the currency.