⅓ Thaler

The ⅓ Thaler coin from Magdeburg was minted during a time of great economic and political change in the German States. The coin was introduced as part of a new currency system implemented by the Holy Roman Empire in 1667, which aimed to standardize currency across the various regions. The ⅓ Thaler coin was equivalent to 1/3 of a standard Thaler, which was the primary currency unit of the time. Despite its relatively small denomination, the ⅓ Thaler coin was made of silver, which gave it a high level of purchasing power. It's interesting to note that the ⅓ Thaler coin from Magdeburg features an image of the city's patron saint, St. Maurice, on one side, and the coat of arms of the city on the other. This design was common for coins minted in the German States during this period, as it served as a symbol of the city's identity and authority. Overall, the ⅓ Thaler coin from Magdeburg is a fascinating piece of history that provides insight into the economic and political landscape of the German States during the 17th century.

• early modern