jan 1, 1512 - 1518:
Count of Schlick mints the first
Joachimsthaler in the mining
town Joachimsthal. They are
slightly altered versions of the
Guldengroschen, containing
25.998 grams of silver or
400.99 grains of silver.
Due to their reliable silver
content, they are extremely
successful and widely used in
European trade.
International currencies after
the Joachimsthaler
inherit the name "Thaler".
Description:
Sources:
Hertel, H. H. “History of the American Dollar.” Forbes 7, no. 9 (February 5, 1921): 298. http://search.ebscohost.com.libproxy.berkeley.edu/login.aspx?direct=true&db=fba&AN=89031692&site=eds-live.
Sumner, W. G. "The Spanish Dollar and the Colonial Shilling." The American Historical Review 3, no. 4 (1898): 607-19. doi:10.2307/1834139.
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