1780 Saxony Thaler - Coin Community Forum

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Author	Replies: 10 / Views: 1,386
Jaobler Pillar of the Community United States 6384 Posts	Posted 04/26/2007 3:23 pm Hello World Coin fans, In this case I bought the coin before the book. I picked up this Fridrich Augustus thaler because I thought it looked good and the price seemed reasonable. Other than the fact that it is from the German state of Saxony I know nothing about it. Is anyone familiar with this coin? Is it common, scarce, junk, or what? Any grade opinions? It still has some luster and by US coin standards I'd probably call it AU50. I'd appreciate any input. Thanks! Report this Post to the Staff

scoutjim99 Pillar of the Community United States 4589 Posts	Posted 04/26/2007 4:24 pm I think you should send it to me so that you do not have to be burdened by having it. LOL Very nice coin. KM# 999.2 Dav # 2695 c# 131 Mintage unknown 1780 IEC Fine = $35.00 Very Fine = $65.00 Extra Fine = $100.00 Unc = $300.00 Page 843 Saxony/German States Krause standard Catalogue of German Coins 2nd Edition C 2001 Report this Post to the Staff
scoutjim99 Pillar of the Community United States 4589 Posts	Posted 04/26/2007 4:25 pm Very Desirable in my opinion are you selling it Report this Post to the Staff
Jaobler Pillar of the Community United States 6384 Posts	Posted 04/26/2007 4:37 pm Thank you Scoutjim, that's great information. I appreciate you being willing to unburden me, but I think I'll hang onto it. Do you happen to know what the silver fineness was on these coins? 0.916, maybe? Did these European thalers have the same purchasing power as the Spanish and South American 8 reales pieces? Thanks again! Report this Post to the Staff
scoutjim99 Pillar of the Community United States 4589 Posts	Posted 04/26/2007 4:43 pm Oops forgot that info. 28.0630 grams /833 silver .7520 OZ ASW . As for the other info I can only Speculate and do not have any actual info at hand. But I believe during this time frame I would Say no they did not have the purchasing power. I believe in the world trade market the 8 reales were the top Dog Report this Post to the Staff
scoutjim99 Pillar of the Community United States 4589 Posts	Posted 04/26/2007 4:45 pm I am sure Swamperbob, bonedigger, Sap or just about anyone else would be able to give you a better answer for the other question Report this Post to the Staff
TwoKopeiki Pillar of the Community Czech Republic 803 Posts	Posted 04/26/2007 6:16 pm I don't want to be a party pooper, but that portrait looks very suspicious. Compare it to this one, sold by UBS in January: ~Roman Report this Post to the Staff
scoutjim99 Pillar of the Community United States 4589 Posts	Posted 04/26/2007 6:19 pm That was first reation too Roman ,I was also cross examing it with the photos in the book but I am not sure either way. Report this Post to the Staff
TwoKopeiki Pillar of the Community Czech Republic 803 Posts	Posted 04/26/2007 10:16 pm Here they are side-by-side... Report this Post to the Staff
echizento Moderator United States 23731 Posts	Posted 04/26/2007 11:22 pm The coin looks right on to me, very nice. Report this Post to the Staff
Sap Moderator Australia 16826 Posts	Posted 04/27/2007 03:11 am There seems to be quite a bit of variation in the style of portrait on these coins, and the style of the shield. Here are some from the CoinArchives search for "Sachsen and thaler and 1780" (out of 120 hits total): You'll note there are two similar-but-different types here, with two different reverse legends: the "mining thaler" with main legend "Der Seegen des Bergbaus", which translates "The Blessing of the Mines". The other is the "convention thaler", with the main legend just the weight "X Eine Marcke" (1/10th of a mark). As to the purchasing power of a Saxon thaler, it'd be about the same as an Austrian "Maria Theresa thaler". Both are coins weighing 28.06 grams of .833 fine silver. The "convention" mentioned above was an agreement among many of the member-states of the Holy Roman Empire to strike thalers of the same weight and fineness, so they could circulate freely in trade across the borders. Spanish dollars are slightly heavier and of slightly finer silver, so would have had slightly more "purchasing power". In those days, a coin's silver content was the chief determinant of it's value in trade. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Edited by Sap 04/27/2007 03:26 am Report this Post to the Staff
	Replies: 10 / Views: 1,386

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