Prussia 1765-A thaler Dav-2593

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Künker sale 293, lot 363
This specimen was lot 363 in Künker sale 293 (Osnabruck, Germany, July 2017), where it sold for €5,750 (about US$7,750 including buyer's fees). The catalog description[1] noted,
"PREUSSEN, KÖNIGREICH Friedrich II. der Große, 1740-1786. Bancotaler 1765, A, Berlin. Handelsmünze. RR Sehr attraktives Exemplar mit feiner Patina, vorzüglich +. Die Bancotaler wurden im burgundischen Fuß ausgeprägt und entsprachen dem niederländischen Silberdukat und den Albertustalern. Von diesem Bancotaler sind angeblich 100.000 Exemplare geprägt worden, von denen aber nur einige zur Ausgabe gelangten. Der Rest verblieb im Staatsschatz und wurde 1790 eingeschmolzen. (kingdom of Prussia, Frederick II (the Great), 1740-86, bank thaler of 1765, Berlin mint. Rare, very attractive example with fine patina, extremely fine or better. The "Banco thalers" were produced to the Burgundian standard and corresponded to the Dutch silver ducat. This bancotaler is said to have a mintage of 100,000 copies, but only a few of them were released. The rest remained in the state treasury and were melted in 1790.)"
The Prussian thaler was too light and debased to circulate outside her boundaries. This issue may have been an experiment to create an internationally acceptable coin. It was a failure. The "Levant" thaler (Dav-2595) of 1766-67 was a similar flop.

Recorded mintage: est. 100,000.

Specification: 28.25 g, .873 fine silver.

Catalog reference: Dav-2593, Old. 370; Kluge 319, KM-314.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Davenport, John S., German Talers, 1700-1800, 2nd Ed., London: Spink & Son, 1965.
  • [1]Künker Münzauktionen und Goldhandel, Katalog 293: Münzen aus Mittelalter und Neuzeit u. a. die westfälischen Privatsammlungen Werner Bröker und Bernd Terletzki, Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2017.

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