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1 Thaler - Joseph II Regency
Silver | 28.14 g | - |
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 |
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.