1⁄24 Thaler

The 1767 1/24 Thaler from the Free Imperial City of Mühlhausen (German States) is interesting because it was minted during a time of great economic and political change in Europe. The coin was issued during the reign of Emperor Joseph II, who was known for his efforts to centralize power and reform the economy. The coin's mintage was likely a response to the growing need for small denomination coinage in circulation, as trade and commerce expanded across the continent. Additionally, the use of Billon, a copper and silver alloy, was a common practice during this time period, as it was a more affordable alternative to pure silver or gold coins.

• medieval
• early modern
• hre