Could This 1700-S Coin Be Real?

It's a restrike. Sadly the only thing he mentions in his auction that even closely resembles the word "fake" is

quote:

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This variety is a bit scarcer then the other 20th century strikes.

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This is a Maria Theresia Thaler from Austria that was first issued in 1780 and continued to be issued using the same date up to the present. This coin has been used in the Middle east as a Trade dollar and was the only coin excepted by some countries as such, hence the appearance not being changed in over 200 years. These coins are now issued in proof only and are .8330 silver, they are valued for there silver content only.

Here is an excellent site that shows the many variations on this coin. https://www.theresia.name/en

So, putting all this together, this is basically a circulating bullion coin, trusted because of its silver content.

Sounds a lot like the role of the Spanish Milled Dollar in early America.

echizento,

I agree...for investment ASEs are a better choice.

But I would buy a few of these MTTs for their appearance....a CLASSIC 18th century design.

Just for kicks I went to the Austrian Mint website. They offer both UNC and PROOF MTTs in what looks like presentation holders of some sort...UNCs are US$23.50 and PROOFs are US$31.50.

A bit pricey considering what they are going for on ebay.