Thaler

The Thaler was a silver coin used throughout Europe for almost four hundred years. Its name lives on in various currencies as the dollar or tolar.

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The roots and development of the thaler-sized silver coin dates back to the mid-1400s. As the fifteenth century drew to a close the state of much of Europe's coinage was quite poor because of repeated debasement induced by the costs of continual warfare. This habitual debasement had reached a point that silver content in coins had dropped in some cases to less than five percent, making the coins of much less individual value than they held before.

Silver: :This page is about silver the element. For the color, see silver (color)....

Coin: :This article is about monetary coins. For alternative meaning see word coinage....

Europe: :This article is about the continent. For other meanings, see Europe (disambiguation)....