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What's A Good Price For A Thaler Of The Hre/Austria?

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Matt2727's Avatar
United States
219 Posts
 Posted 03/04/2018  3:58 pm Show Profile   Bookmark this topic Add Matt2727 to your friends list Get a Link to this Message Number of Subscribers
Recently I've been looking to buy a thaler of the Holy Roman Empire or Austria, preferably one of the 16th or 17th Century. The problem is I can't really discern from my research a fair price I should be paying for one. What's a good price for one in about XF/AU condition, problem free, and of Leopold I, Ferdinand II, or a similar ruler in that time period? Thanks in advance for the help!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 03/04/2018  4:52 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Just be really careful of high quality fakes; they have been around for decades before the Chinese decided to corner this part of the market.

A huge number of different types of Austria / HRE thalers produced. Get to know about European milled coins generally.
For introductory information on these, get to read about them first.
Krause World coins 1601-1700 (1440 pages 4th ed.), would be good place to start.

There is a very well established European collecting community for European crown sized coins. Most large silver in high grades can be pricey.

For an idea of current pricing, look at vcoins - World coins website.

Buy from a reputable dealer.
Edited by sel_69l
03/04/2018 5:06 pm
Valued Member
Canada
242 Posts
 Posted 03/05/2018  08:15 am  Show Profile   Bookmark this reply Add Loruca to your friends list Get a Link to this Reply
The word "Problem free" will cost you a pretty penny...
Good luck!
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coinworldtv's Avatar
Austria
566 Posts
 Posted 03/05/2018  12:15 pm  Show Profile   Bookmark this reply Add coinworldtv to your friends list Get a Link to this Reply
I would recommend to buy certified coins if you are not sure what is good and what not, until you know what you are handling.

A good source and sompe price comparison would help to keep your investment healthy.

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sel_69l's Avatar
Australia
21786 Posts
 Posted 03/05/2018  4:22 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Spend quite some time doing price research on European crown sized silver generally, before doing the same on any particular piece that may attract your interest.

I have six books by Krause:
World Coins: 1601-1700, 1701-1800, 1801-1900, 1901-2000
World Gold Coins, and most importantly for this subject:
World Crowns and Thalers.

All of these volumes were bought relatively cheaply as old LCS stock, or from public auction.
The pricing is out of date, but the pictures are not, and the pricing relative to the date of publication, is useful.


Also, spend some time on fake research in this area. Start with Google Images:
'Fake Thaler'- see where that line of research takes you.

I have had this sort of mentality for twenty years or more.
I also discuss this sort of subject with professional coin dealers and auctioneers.
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Matt2727's Avatar
United States
219 Posts
 Posted 03/05/2018  9:40 pm  Show Profile   Bookmark this reply Add Matt2727 to your friends list Get a Link to this Reply
Thanks for all the information, it was really informative.

Sel, I'll make sure to check out that book.
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wcg's Avatar
United States
217 Posts
 Posted 03/05/2018  9:58 pm  Show Profile   Bookmark this reply Add wcg to your friends list Get a Link to this Reply
I will echo the suggestion to start with a certified piece. In addition to the suggestions above, spend some time combing through vcoins.com, ebay.com, and a major auction site such as ha.com to get a feel for recent auction results. I believe that a nice problem free EF/AU should run in the $300 - $425 range depending on date, type, strike, etc. Heritage in January had a handful of good examples - lot 3063 (NGC EF-40 1691 Austria Leopold I) went for $360. In Oct, a 1795 Salzburg taler in NGC EF-45 went for $168. In Sept 2017, a 1621 Leopold in NGC EF-45 went for $432. In Sept 2017, a 1616 Maximilian taler in NGC EF-45 went for $360. Nice talers in EF/AU are certainly out there to be found. Good luck and I hope you are able to find one that suits the eye and budget. Be careful - they are addictive.
Edited by wcg
03/05/2018 10:02 pm
Valued Member
paulCT's Avatar
186 Posts
 Posted 03/06/2018  1:42 pm  Show Profile   Bookmark this reply Add paulCT to your friends list Get a Link to this Reply
Matt2727 Here's my opinion!At the lower end i'd place the Ferdinand II no date types that can generally be bought at a minimum of 230-260 euros in EF and a bit more in AU.The Saxony three brothers type tends to go around the same value in EF/AU. Some other thalers you can look for, at a decent price are the Salzburg ones,Paris van Lodron or Guidobalt von Thun. Ferdinand III types are quite expensive in EF/AU so you should expect to pay a minimum of 400 euros.Leopold I Hogmouth ones are generally at least 220 euros in VF and can easily go above 1500 euros if the condition is right. This is just my opinion,prices may vary, depending on mintage,mint and variety, also let's not forget the luck factor. Generally you'll find a decent competition even for vf thalers, should you decide to buy from online auctions, therefore a cheap/quality piece is hard to find.Try Numisbids/Sixbids and also V-coins and ma-shops.Study the coin,study known forgeries of that type and try to buy from a reputable dealer!Check coinarchives for previous sales and get the 6th edition of the Krause 1601-1700. You could also ask for opinions here as I'm sure there's many experienced members willing to share a thought!All the best!
Edited by paulCT
03/06/2018 1:45 pm
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Matt2727's Avatar
United States
219 Posts
 Posted 03/06/2018  7:48 pm  Show Profile   Bookmark this reply Add Matt2727 to your friends list Get a Link to this Reply
paulCT-

Thanks very much! I appreciate your input. I guess $350-400 four an example in XF/AU would be the average for most of the earlier, more common thalers?
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SA4H's Avatar
United States
2764 Posts
 Posted 03/07/2018  3:03 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thank you for sharing all these valuable knowledge/experiences.
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paulCT's Avatar
186 Posts
 Posted 03/07/2018  5:08 pm  Show Profile   Bookmark this reply Add paulCT to your friends list Get a Link to this Reply
Matt2727 I think 350-400 is the average for EF/AU common thalers.Usually anything under 200 euros is VF/VF-,mount removed,tooled,graffiti or damaged a bit.Quality, slabbed thalers will cost good money because dealers selling them are aware of their value.eBay brings from time to time well preserved thalers at lower prices, but there's also plenty of fakes being sold as genuine so you need to be very careful. Good luck in getting the desired one and I'm looking forward to see it on a well known topic around here, the world crowns gems&rarities one![up
Edited by paulCT
03/07/2018 5:12 pm
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Matt2727's Avatar
United States
219 Posts
 Posted 03/08/2018  8:49 pm  Show Profile   Bookmark this reply Add Matt2727 to your friends list Get a Link to this Reply
Rest assured when I purchase one it will go up on that topic! Thank you so much for the invaluable advice.
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Zohar444's Avatar
United States
1429 Posts
 Posted 04/19/2018  03:27 am  Show Profile   Bookmark this reply Add Zohar444 to your friends list Get a Link to this Reply
Right up my alley as a collector - good luck and feel free to ask any question pre purchase.
www.taleruniverse.com
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tdziemia's Avatar
United States
7940 Posts
 Posted 04/19/2018  8:39 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I am assuming the H.D. Rauch auctions are also a good source? I've never bought a thaler from them, but have bid on (and occasionally won) other coins.
https://www.numisbids.com/n.php?p=s...71&cid=66523
(see the section Romisch Deutsches Reich)
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