Maria Theresa's Thaler: A Case of International Money
AbstractDespite its significance in monetary history, the Maria Theresa thaler (or taler) is little known outside numismatic circles. The paper describes this coin’s history, which the paper argues is the reverse to the obverse of the rise of national monies. The coin circulated in Africa, the Levant and Arabia as a full-bodied commodity money until governments one-by-one succeeded in creating acceptable national fiat currencies.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 27 (2001)
Issue (Month): 4 (Fall)
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Find related papers by JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
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