1⁄24 Reichsdaler 1645-1715 front 1⁄24 Reichsdaler 1645-1715 back
1⁄24 Reichsdaler 1645-1715 photo
© Jamblico

1⁄24 Reichsdaler

 
Silver 1.82 g 20 mm
Description
Issuer
Free Hanseatic city of Lübeck (German States)
Period
Free city (1226-1811,1815-1937)
Type
Standard circulation coin
Years
1645-1715
Value
2 Shillings (1⁄24)
Currency
Thaler
Composition
Silver
Weight
1.82 g
Diameter
20 mm
Shape
Round
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#42387
Rarity index
90%

Reverse

4-line inscription with date

Script: Latin

Lettering: LVBECKS.STADT.GELDT 24 REICHS DALER

Interesting fact

One interesting fact about the 1/24 Reichsdaler coin from the Free Hanseatic city of Lübeck is that it was minted during a time of great economic and political change in Europe. The coin was issued during the reign of Emperor Ferdinand III, who was instrumental in reforming the Holy Roman Empire's currency system. The 1/24 Reichsdaler was part of a new system of coinage that was introduced to combat inflation and stabilize the economy. Despite its small denomination, the coin was made of silver, which gave it a high level of purchasing power at the time.