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ツぎ2100.00 For A 1780 Maria Theresa Thaler Restrike

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austrokiwi's Avatar
2087 Posts
 Posted 09/13/2013  07:33 am Show Profile   Bookmark this topic Add austrokiwi to your friends list Get a Link to this Message Number of Subscribers

You are not reading that wrong, just over a week ago I happily paid out the equivalent of US$2800.00 for a re-strike. This particular coin is valued in Krause( World coins 1701-1800) at around US$3000.00. I already had an example and never ever expected to see another one let alone add it to my collection. Conventional wisdom is that there are between 7 -10 known examples of this coin. I am going to have to do some research, but it may well be this is a completely new example of this variety(ie: an 8th or 11th example) When I was new to collecting I used to be jealous of the finds more experienced collectors would make. I often wondered how they did it while I seemed to struggle. Now, older and wiser I know those discoveries come from years of collecting and making and maintaining good relationships with other collectors. Here is the coin:

ツぎ2100.00-For-A-1780-Maria-Theresa-Thaler-Restrike


ツぎ2100.00-For-A-1780-Maria-Theresa-Thaler-Restrike


I suspect its been cleaned ( but given its rarity that shouldn't have put any buyer off) and the scratches on the reverse are justification marks. After the coin was struck it was checked to see if it is the right weight...As it was too heavy silver was removed ( hence the scratch's)
Edited by austrokiwi
09/13/2013 07:53 am
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/13/2013  11:54 am  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
What is it about this coin that makes it a rarity?


Quote:
those discoveries come from years of collecting and making and maintaining good relationships with other collectors.


True that.
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austrokiwi's Avatar
2087 Posts
 Posted 09/13/2013  1:04 pm  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply

Quote:
What is it about this coin that makes it a rarity?


Sorry I have posted the history of this coin in another thread but here it is again. I am not surprised soome one didn't notice the major feature of this coin (Coin collectors and dealers turn their minds off when they see MTT.

I once sent a photo to Bonhams Uk coin dept of the first example of this type I had and they came back and said "nothing special"( I had provided the history of the coin) I have never forgotten that because they obviously didn't look at the coin or read the background I provided.

Have a look at the obverse photograph: the usual re-strike has the initials S.F. this one has F.S. , You might think this is just a miss-placement of letters error but it is much more than that.

On the standard MTT S.F stands for Shoebl ( Mint Master) and Faby(Mint warden). In 1789 Shoebl died, Faby was promoted and the mints cashier, Stehr, was promoted into Faby's old job. In 1793 the matrices and punches for the MTT were worn out. So Vienna sent new punches and Matrices to Guenzburg( Burgau as Krause calls it). New dies were produced and without permission Faby and Stehr had the mint signature changed to F.S. This was a breach of the Royal ordinance issued re the re-stiking of the MTT. When Vienna found out the dies and coins were ordered destroyed.....a handful of coins escaped destruction.
Edited by austrokiwi
09/13/2013 1:09 pm
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BillSnyder's Avatar
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 Posted 09/13/2013  6:49 pm  Show Profile   Bookmark this reply Add BillSnyder to your friends list Get a Link to this Reply

I am jealous!



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Badger Mint's Avatar
United States
324 Posts
 Posted 09/13/2013  8:20 pm  Show Profile   Bookmark this reply Add Badger Mint to your friends list Get a Link to this Reply
Very Cool. I notice that the letters show swallow tails only on the lower left obverse and upper left reverse. Coin rotation and slightly non parallel dies would explain that, am I close? I found the article on broad striking and bifurcated (swallow tail) letters that we discussed at the summer seminar. It is in the 1976 BNJ article titled: "Simon's Cromwell crown dies in The Royal Mint Museum and Blondeau's method for the production of lettered edges" by Peter Gaspar.

Cheers,
Joe Paonesa
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austrokiwi's Avatar
2087 Posts
 Posted 09/14/2013  04:40 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
Hi Joe.....I hadn't forgotten about the swallow tails. Later today I will post some photos showing the effect and how one mint got around the effect.

Now the rest of this post is me thinking out load:

With this "FS" MTT type, cataloged as Hafner 5, I know where at least four of the known examples are( having two makes it a little easy). I suspect with some other collectors out there I might be able to find out where some of the other examples are. It would take a bit of work but it might be possible to produce a registry of the known coins. However is this a worthwhile task?
Edited by austrokiwi
09/14/2013 04:41 am
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/14/2013  12:11 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Wow. very cool. thanks for sharing!
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