Cryptocurrency Q&A
When was the first Thaler coin minted?
When was the first Thaler coin minted?
KimchiQueenCharmingKiss
Thu Feb 27 2025
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The first Thaler coin was minted in 1518, in Joachimsthal, Bohemia (present-day Jáchymov, Czechoslovakia).
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EnchantedDreams
Sat Mar 01 2025
The production of MTT coins continued until the death of Maria Theresa in 1780. During this period, the coin played a crucial role in economic transactions.
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InfinityRider
Sat Mar 01 2025
Following Maria Theresa's demise, her son and heir, Joseph II, made a decision regarding the future of the coin. He allowed the Austrian mint to continue minting the Maria Theresa Thaler.
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BlockchainLegendary
Sat Mar 01 2025
The word "Thaler" has a historical significance dating back to 1727. This was the first recorded instance of its usage.
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Giulia
Sat Mar 01 2025
Notably, Joseph II permitted the use of the 1780 dies for striking the MTT coins. This ensured continuity in the coin's design and minting process.
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DigitalLegend
Sat Mar 01 2025
A specific type of Thaler known as the Maria Theresa Thaler (MTT) holds particular importance. It is categorized as a Silver bullion coin and falls under the Conventionsthaler classification, which is equivalent to 10 Thalers.
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