Austria Maria Theresa Thaler Trade Coinage Restrike 1780

Nice coin. The double headed eagle gives away the design as being from Austria, Russia, or Germany. This is a Maria Theresa Thaler from Austria: a big, bold, beautiful coin. However, these coins are restrikes, not originals, not rare, and not very valuable.

Because these coins have been issued over and over again since 1780 by dozens of different mints around the world, they are worth only their value in silver bullion. The date says 1780, but, if you have one, it could have been minted last week.

Each coin contains 0.7516 troy ounces of silver, so their bullion value (BV) is 0.7516 times the current price of silver. If silver is trading at, say, $16 US dollars per troy ounce, the bullion value is 0.7516 x 16 = $12. Be sure to use the current value of silver. Look it up at kitco.com. It changes every day.

For coins in excellent condition, you might be able to get somewhat better pricing, as follows:

1780SF RESTRIKE
worn: add $0 to silver bullion value (BV)
average circulated: BV
well preserved: BV + $2
fully uncirculated: BV + $10

Original Theresa Thalers were issued in the Austrian State of Burgau in 1780. The originals look essentially identical to the restruck coin 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 these restrikes continues to this day. The coins are used as 'Trade Coinage' in locations where local coins are not available. One catalog estimates that 800 million of these coins have been struck. There are only about one dozen original coins known to exist.

You have a nice coin. But it is not very valuable. Here is a picture of a recent restrike. It is a beautiful coin. They also come gold plated, but the gold does not add value.

There's a description of the differences between original coins restrikes at www.theresia.name [Press Here].
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