Germany Saxony Thaler 1868 to 1871
The beautiful coin in our picture comes from Klaus Grafe Munzenhandel in Dessau-Rosslau, Germany, where it is on sale for 95 euros, about $130 US dollars.
Your coin, Al, is damaged with nicks or gouges and would be worth far less, even though the eye appeal of your coin is attractive. Collectors shun damaged coins, and this is reflected in the price.
Also the $130 is a retail price, so if Klaus Grafe, or any other honest coin dealer, were buying the coin from you, he or she would pay about one-half that amount to account for dealer margin. Dealer margin allows the dealer to stay in business.
Your coin is an old thaler (pronouced like 'dollar' but with a 't') from the German State of Saxony made with 0.536 troy ounces of silver. The catalogs show the following values:
worn: $20 US dollars approximate catalog value
average circulated: $40
well preserved: $70
fully uncirculated: $150
To convert these inflated catalog values to actual values, read the information presented on our Terminology page.
CoinQuest thanks Klaus Grafe Munzenhandel for use of their coin image.
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Coin: 6744, Genre: Central Europe North South, Timeline: World
Created (yyyymm): 201101, Last review: 201508
Appearance: Normal round coin Metallic gray Letters: Latin
Years: sort: 1868, filter: 1868 to 1871
Image: german_states_saxony_thaler_1869.jpg
Tags: lohan escutcheon deutiches tiera shiled slicing scripts soldier bundes male letter pffenig saxon devtsch koningryk peoples koenigreigh deustch monograms limb konigreich crests deutsche branch man deutchen xxx germanic ein twice ioh kongung crest johan rechenpfennig jean tiarra konigin deutscherlander des insignia reichpfennig pfenninge sticks chevrons lettering koningrik 2nd german koeing initials tiara thalel koen sachs deutsch pfenning deutchlands ioannes arm crown rentenpfenig pfennig germany deutschen eien people konig phenning bergbaus deutscher shields spray sacchsen rods koninkrijk lining reichspfenig slash kongeriget iov bundesrepublic iohannes coats john deutschland bergbaues juan koeni crowning soldjer lined kongeriket lines renten stalks koningrijk thalers kongerike iohann von caligraphy iohn deut inscription ion peple mans two einer twigs saxe bar koenig koin pfennige ionan rod talar crowns joannes chevron twig sprigs coat devtscher deuches pfenig deutchland bundsrepublik logo deutsches crowned monogram koning koenigin saxony slice koenigreich arms iohan ioha saxsony crossbar staffs konge sprays reichspfenning mens deutches johann bundesrublika segen koningsryk pfennisc bars johannes creast sprig slanted bundesrepublik joanes branched person branches initals letters joao saschen talara reicshpfenning thaler dutchland deutshen sheild koningrujk sachsen bust stick saxonie einen line pfenn ffennig bund one deutschlands konigr ioan crested stalk rentenpfennig branching soldiers staff pfenng ones koningin outlined scrip inscriptions vereinsthaler outline bundersrepublik slant kong persons eine konung juana reichspfennig saxsonie lettered shield escucheon script outlining bundesrepublika shild joachimstaler taler koninklike soldiered calligraphy initial joan
