Gold 0.21%
£3,259.97 OZ
Silver -2.37%
£48.74 OZ
Platinum -0.49%
£1,344.32 OZ
The Silver Britannia is capital gains tax free in the UK, making is a very popular choice with UK investors
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The Silver Maria Theresa Thaler was a circulated Silver coin that was used in commerce since it was first minted in 1741. The Thaler was not demonestised until 1858, some 117 years later. The coin features Maria Theresa, ruler of Austria and Hungary. German-speaking nations referred to the coin as the ‘Taler’, with the Gold Taler famously featuring Great Britain’s King William IV
The Silver Maria Theresa Thaler is known as an Austrian coin but it served an important role in the Arabic world. Saudi Arabia was one of the countries that used the Silver Thaler for trade and even refused to use official Ottoman currency in place of the Silver Thaler. It is thought that the coin’s popularity was due to its large mass and thickness which made it very durable even after continued circulation
Austrian Silver Thalers weigh 28.0668 grams, with a silver content of 23.3890 grams (0.7516 troy ounces)
Thalers were first minted in 1741. Official restrikes were minted with the date ‘1780’
Silver Maria Theresa Thalers have been minted in various locations, including Austria, Italy, France, Belgium, and the United Kingdom
Investors may be forgiven for thinking that the Maria Theresa Silver coin is a rare piece given its age, however the coin is actually relatively common due to the number of restrikes that have been produced by the Austrian Mint
The Thaler is very popular as it has historical significance, its size is impressive in hand and the design offers the silver coin investor something slightly different to collect
There is no official mintage data for the Silver Thaler because the volume of restrikes has not been officially reported, moreover, these coins are still being issued to this day in Austria, much like the modern-day Gold Sovereign being minted by the Royal Mint
Auronum offers a range of Silver coins produced by mints all over the world. We benchmark our prices and buyback rates each week against other top-tier bullion companies to ensure our clients get the very best value when trading with Auronum
