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Austrian Thaler 1703

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Valued Member

Greece
425 Posts
 Posted 03/14/2011  11:11 am Show Profile   Bookmark this topic Add epop to your friends list Get a Link to this Message Number of Subscribers
A good friend of mine offered me for purchase this Austrian thaler from 1703.He don't know anything of coins.I also don;t know many things for thalers from 18th century.I know only Krause price.Nothing else.So I want to know any information about the coin and how much It will be a honest price for seller and buyer
Austrian-Thaler-1703

Austrian-Thaler-1703

Austrian-Thaler-1703
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Litotes's Avatar
Norway
510 Posts
 Posted 03/14/2011  3:32 pm  Show Profile   Bookmark this reply Add Litotes to your friends list Get a Link to this Reply
My opinion about these is that they tend to get twice the value listed in Krause. As I place yours in between F and VF something like $150 seems like a fair price to me, given $55 for F and $100 for VF in Krause. I collect these coins and bidding Krause valuations never gets me any of them.....
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Uhhhh's Avatar
United States
117 Posts
 Posted 03/14/2011  6:56 pm  Show Profile   Bookmark this reply Add Uhhhh to your friends list Get a Link to this Reply
Wow, check out that hairdo!
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Meldude's Avatar
Canada
162 Posts
 Posted 03/14/2011  7:14 pm  Show Profile   Bookmark this reply Add Meldude to your friends list Get a Link to this Reply
Yup, royalty used to wear huge puffy wigs
Valued Member
Greece
425 Posts
 Posted 03/14/2011  7:14 pm  Show Profile   Bookmark this reply Add epop to your friends list Get a Link to this Reply
thanks litotes
The weight of the coin is 28.106 grams the diameter 4.3 cm
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mysilveryears's Avatar
United States
1887 Posts
 Posted 03/14/2011  9:54 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply
That's a 'Hogmouth' thaler. A nice one. It's a very popular coin, with lots of variations.
And it's no stretch to say that your specimen could bring ~250-300 on the 'bay. I've been outbid on a dozen of 'em. Finally landed one in a private sale.




Austrian-Thaler-1703 Austrian-Thaler-1703
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Nic's Avatar
Philippines
1156 Posts
 Posted 03/15/2011  01:11 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
That is one beautiful coin! Thalers always are impressive!
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swamperbob's Avatar
United States
5362 Posts
 Posted 03/20/2011  11:38 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
epop I am way out of my comfort zone on this coin. I know that many of the Leopold minor issues were made on the rotary (or rocker) type presses so I stand to learn something here.

But since this is a Thaler, here goes anyway,

Based on what I see here - the surfaces have a "dead look", quite unlike most struck coins. It was however, the edge that initially drew my attention. There are lines crossing the edge that look like one of two thins - extraction scratches from a smooth collar (an impossible solution for 1703) or remnants of a "cookie cutter" die being used to cut out either the finished coin or the blank on which the coin was struck.

What I need (and we all need) here is an understanding of exactly how Austria struck and edged their thalers in 1703. By 1780 (the MMT's) there was a very well executed edge system in place. But how were they striking and edging thalers in 1703?

For me the coin looks "TOO ROUND" to have been made in any 1703 era press and I would believe that the edge would have been clipped to adjust final weight.
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