thaler
Quick Summary
The thaler was a silver coin minted in various German states from the 15th to the 19th centuries. These coins varied in weight and fineness and were also known as German dollars. The thaler emerged in the 16th century, with early examples produced from silver mined in the Joachimsthal mines in Bohemia. The thaler and its multiples became the dominant silver currency in Germany during the 16th and 17th centuries. By the 19th century, the thaler was still a unit of currency in Germany, but it was eventually abandoned when Germany adopted the gold standard in 1870.12
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