1 Guldenthaler 1560-1564 front 1 Guldenthaler 1560-1564 back
1 Guldenthaler 1560-1564 photo
© H. D. Rauch

1 Guldenthaler

 
Silver - -
Description
Issuer
Free city of Augsburg (German States)
Period
Free city (1276-1803)
Emperor
Ferdinand I (1556-1564)
Type
Standard circulation coin
Years
1560-1564
Value
60 Kreuzers (1)
Currency
Thaler
Composition
Silver
Shape
Round
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#212732
Rarity index
100%

Reverse

Value '60' in orb on crowned imperial eagle's breast, titles of Ferdinand I.

Script: Latin

Interesting fact

The 1 Guldenthaler coin from the Free City of Augsburg (German States) made of Silver is interesting because it was issued during a time of great economic change in Europe. The coin was minted during the reign of Emperor Ferdinand I, who was instrumental in introducing the Taler, a new currency that replaced the traditional Gothic groschen. The Guldenthaler was equivalent to 24 groschen, and it was used as a standard unit of account and exchange in the German-speaking regions of the Holy Roman Empire. Its introduction helped to simplify trade and commerce, and it played a significant role in the development of early modern capitalism.