1 Thaler - Joseph II (Regency) 1773-1780 front 1 Thaler - Joseph II (Regency) 1773-1780 back
1 Thaler - Joseph II (Regency) 1773-1780 photo
© Sincona AG

1 Thaler - Joseph II Regency

 
Silver 28.14 g -
Description
Issuer
Austrian Empire
Regent
Joseph II (1765-1780)
Type
Standard circulation coin
Years
1773-1780
Value
1 Thaler (2)
Currency
Gulden (1754-1857)
Composition
Silver
Weight
28.14 g
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#314647
Rarity index
92%

Reverse

Crowned imperial double eagle

Script: Latin

Lettering:
ARCH • AUST • D • BURG LOTH • M • D • HET • 1775 •
I • C • F • A •

Interesting fact

One interesting fact about the 1 Thaler coin from the Austrian Empire, minted during the regency of Joseph II (1773-1780), is that it was the first coin to feature a standardized, decimalized system of currency in the Habsburg Empire. Prior to this coin, the Habsburgs used a complex system of currency that included various denominations and weights, which often caused confusion and made trade difficult. The introduction of the 1 Thaler coin, which was equal to 100 Kreuzer, helped to simplify currency exchange and paved the way for the modernization of the Austrian economy.