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Maria Theresa's Thaler: A Case of International Money

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  • Adrian E. Tschoegl

    ()
    (The Wharton School of the University of Pennsylvania)

Abstract

Despite 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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File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume27/V27N4P443_462.pdf
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Bibliographic Info

Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 27 (2001)
Issue (Month): 4 (Fall)
Pages: 443-462

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Handle: RePEc:eej:eeconj:v:27:y:2001:i:4:p:443-462

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Keywords: Money;

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Cited by:
  1. Ali Coskun Tunçer, 2013. "The Black Swan of the Golden Periphery: The Ottoman Empire during the Classical Gold Standard Era," Working Papers 14, Department of Economic and Social History at the University of Cambridge.
  2. Arnaldo MAURI, 2003. "Eritrea's early stages in monetary and banking development," Departmental Working Papers 2003-28, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.

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