1780 Austria Maria Theresa Silver Thaler (restrike)
Uncirculated, with nice toning.
Contains .7517 oz of Silver.
Maria Theresa succeeded her father, Charles VI, as ruler of the Kingdoms of Austria and Hungary in 1740. During her 40-year reign, she defended her empire successfully in the War of the Austrian Succession. The Silver Thaler was the currency of the empire and its dominions. Maria Theresa died in 1780 and all the (restrike) coins struck display this date.
The original Theresa Thalers were issued in the Austrian State of Burgau in 1780. The originals look essentially identical to the restruck coins except for a few minor variations. But, starting in 1781, the exact same coin, even with the exact same date, was struck by Austrian and other mints and this continues to this day.
This coin was one of the most important trade coins in Europe, and one of the best known in the world. The Austrian Thaler and the Spanish 8 Reales were the basis for the Silver dollar which was adopted by the fledgling United States under the mint Act of 1792. In fact, the word “dollar” is derived from the German/Austrian word “Thaler”.