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5 Thalers - Ernest August Ausbeute
Gold (.896) |
Issuer | Kingdom of Hannover (German States) |
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King | Ernest Augustus I (Ernst August I) (1837-1851) |
Type | Standard circulation coin |
Years | 1849-1850 |
Value | 5 Thalers |
Currency | Thaler (1814-1866) |
Composition | Gold (.896) |
Shape | Round |
Technique | Milled |
Demonetized | Yes |
Updated | 2024-10-05 |
Numista | N#173990 |
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Rarity index | 95% |
Reverse
Crowned arms, HARZ GOLD added to legend
Script: Latin
Interesting fact
One interesting fact about the 5 Thalers - Ernest August (Ausbeute) 1849-1850 coin from the Kingdom of Hannover (German States) made of Gold (.896) is that it was minted during a time of economic and political turmoil in Germany. The coin was issued during the reign of King Ernest Augustus, who ruled the Kingdom of Hannover from 1837 until his death in 1851. During his reign, Germany was facing economic challenges, including inflation and debt, which led to the introduction of a new currency, the Thaler, in 1850. The 5 Thalers coin was part of this new currency system and was minted in gold to promote confidence in the new currency and to stabilize the economy. Despite the challenges, the coin remains a valuable collector's item today, with some mint conditions selling for thousands of dollars.