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Milan Mint 1780 Maria Theresia Thaler: New Variety

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austrokiwi's Avatar
2087 Posts
 Posted 12/28/2012  08:12 am Show Profile   Bookmark this topic Add austrokiwi to your friends list Get a Link to this Message Number of Subscribers
This is my second new acquisition for the week. Purchased from MA shops this was along thought about purchase. The coin meets all the diagnostics to be attributed to Milan:

  • Obverse "M" is a straight legged font typical of Milan

  • Reverse: The Tail feather formation is typical of 1815- 1840s Italian mints namely: 1-2-1 Tail feather formation. Modern re-strikes, except for London, Bombay and Calcutta mints, are 1-3-1

  • Edge is the Guenzburg edge type but with a dot in the center of the cross



This coin is different because it has 8 pearls in the diadem(tiara) the usual for Venice and Milan is 7 pearls ( there is a rare variety from Venice with 6). I have never seen this variety documented anywhere.

Milan-Mint-1780-Maria-Theresia-Thaler:-New-Variety

Milan-Mint-1780-Maria-Theresia-Thaler:-New-Variety

Milan-Mint-1780-Maria-Theresia-Thaler:-New-Variety



Milan-Mint-1780-Maria-Theresia-Thaler:-New-Variety
Edited by austrokiwi
12/28/2012 08:48 am
Pillar of the Community
United States
684 Posts
 Posted 12/28/2012  11:23 pm  Show Profile   Bookmark this reply Add Westwood Arms to your friends list Get a Link to this Reply
MTTs are a classic series I want to learn more about. With this coin the portrait and devices seem very clean compared to the wear or damage on the periphery of both sides. In the USA it would go to NGC posthaste.

A new variety of this famous series, if genuine, WOW and congratulations.
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austrokiwi's Avatar
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 Posted 12/29/2012  02:48 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply

Quote:
A new variety of this famous series, if genuine, WOW and congratulations.


Thanks. its genuine. LIke you if I was in the US I would consider TPG however...with MTT getting it graded would be difficult. I saw a more usual Italian mint MTT in a slab....incorrectly described as a modern re-strike. Hopefully any one with a passing familiarity with MTT will see this type( from the photos) is very different to the modern restrikes.

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swamperbob's Avatar
United States
5362 Posts
 Posted 12/29/2012  7:35 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
That MTT is so different from the norm in terms of die line work that I might bid on it as a contemporary counterfeit. The early counterfeits of those series are extremely rare.

Can you post larger closeups of the shield side - the line work seems exceptionally crude.

I took a second look and the coin seems to be a bit of an anomaly containing divergent elements that do not fit together - or at first glance do not seem to. I will check further and comment again.
Edited by swamperbob
12/29/2012 7:38 pm
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austrokiwi's Avatar
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 Posted 12/30/2012  06:46 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
Hi Swamperbob

My doubtful photographic skills plus the need to reduce the resolution for posting don't make for easy viewing so I have emailed you separately a new photograph of the reverse. I am fairly confident the coin is genuine. The problem comes down to when the coin was minted. Although Hafner is the most used reference( because of its ease of use and English language)Dr Franz Leypold's technical work in 1976 is the best for understanding the variants and dating. Leypold has made a number of assumptions that, with indepth analysis/research aren't as strong as many people currently regard. He and Hafner give the start of the 19th century Italian mints MTT production as 1815(Milan) and 1817 (Venice) which are the official dates Following Austria regaining control of those two mints from Napoleon.

Based on a reprimand to the Venice mint ( basically a cease and desist order) Leypold attributes the very rare "F.S" variety( Krause valuation of US$2000.00) as 1815 Venice. Leypold has no direct evidence from the records that it was the F.S. Variety. I suspect he was putting 1 & 1 together and getting"3". A Florence mint record (month is from memory year is correct) July 1814 it is revealed the 1814 Florence minted MTTs were very like the Venice mint being produced in 1814. It seems likely the reprimand Leypold refers is actually targetted at the non official Venice mint MTT of 1814.

A much earlier researcher, Obergrath Carl von Ernst in 1894, citing another reprimand directly relating to the F.S. signature, dates the variety to Guenzburg 1793 (third quarter of that year). The problem Ernst creates for Hafner and Leypold is he dates what is regarded as the Italian MTT type to much earlier and to a different min than they do (Making that part of Hafner's cataloguing unreliable at the very least questionable.

In his history of the Guenzburg mint ( Carl von Ernst 1893 1st part & 1894 2nd part) notes that in 1788 a number of banking houses requested that the MTT be produced in Milan. Hafner and Leypold make little note of this. It is known( from other experts) that punches and matrices for MTT were sent to Milan from Vienna. These, it is generally accepted, were for the Vienna standard MTT with the arms of upper Austria in the fourth quadrant and the mint signature IC-FA on the reverse. In a 1980s news letter Leypold reports of his discovery in the Vienna mint archives of a tin trial strike for Milan. It was as expected the standard Vienna type but the brooch(round rather than oval) on the obverse was as can be seen in the photo at the beginning of this thread. (To date no one has seen an example of this type in the market or museums).

It seems to me it is highly likely Milan started producing the Guenzburg type( because that's what the customers wanted) in the late 18th century . {Note according to Ernst the last MTT minting in Guenzburg was in 1801 or 1802. Now that may seem just speculation except for an intriguing copper etching in a 1808 British publication: James Ede "Gold and Silver coins of all nations". In that book is an etching of an MTT obverse that is remarkably like, tha, which is regarded as, a post 1815 Milan mint MTT certainly it is a type never attributed to Guenzburg by Hafner or Leypold.


The intriguing puzzle, some might say mess, then returns to the 1814 minting in Florence. At that time Florence was under control of Napoloens sister and her husband. Therefore the minting of MTT was against generally accepted international principles of that time: one might say these were forgeries but they were not debased forgeries and collectors today treat them as genuine. And were likely copies of the most commercially acceptable form of the MTT at that time. Leypold long after Hafners book published his change in view that Hafner 35 (a hard to find variant with the initials ST above the normal SF) was from Milan and acknowledged that Florence was the most likely mint. The ST/SF coin looks like a Milan coin....but its first minting was quite probably a year before the Milan mint started producing the coin ( under the current zietgeist). I have examined two ST variants ( I have 7 in my collection) held in the Vienna Coin cabinet ( not on display) One is labelled Florence the other Venice) which takes me/us back to that 1814 Florence mint record. The Florence labelled coin is slightly different and only one( of the seven) in my collection matches it. the others in my collection match more closely the one that is labelled Venice.

I think I have outlined enough to make it clear the history and current cataloging of the Italian mint series is very questionable. I would hope people would also so see why I am fascinated with the MTT ( for me its like a whodunnit investigation).

Back to the coin in this thread... being outside the norm makes it fascinating for me.....by the late 19th century early 20th century people(where the coin was used) were rejecting coins that had only 7 pearls in the diadem( the accepted standard being 8) where as a few decades earlier they would only accept coins with 7 pearls (being the Milan and Venice standard form). Those 8 pearls may have a story to tell!!
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wonghinghi's Avatar
Hong Kong
1270 Posts
 Posted 12/30/2012  08:30 am  Show Profile   Bookmark this reply Add wonghinghi to your friends list Get a Link to this Reply
My heart-deep respect to your spirit in MTT exploration, austrokiwi.
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swamperbob's Avatar
United States
5362 Posts
 Posted 12/30/2012  3:53 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
You are ahead of me on the details and I am looking forward to seeing clearer pictures,
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