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1/2 Thaler Konventionstaler

Issuer Augsburg, Free city of
Year 1760
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Technique Milled
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Obverse description Laureate and draped bust of Emperor Francis I facing right, wearing a flowing wig with elaborate curls rendered in high relief in the Baroque style. The peripheral legend surrounds the effigy, reading clockwise from the lower left, with a small rosette ornament at the base of the coin. The portrait is bold and finely engraved, consistent with the Augsburg mint's characteristic high standard of die workmanship for convention coinage of the mid-eighteenth century.
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Obverse lettering * FRANCISCVS I • D • G • R • I • S • A • GER • IER • REX • L • B • M • H • D •
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Additional information

Augsburg's 1760 half-thaler falls squarely in the middle of the Seven Years' War, a conflict that placed enormous fiscal strain on the free imperial cities. Augsburg, as a major commercial center with established banking houses — Fugger wealth had long since dispersed, but the city's financial infrastructure remained — was expected to contribute to imperial war funding while managing its own currency independently.

The Konventionstaler standard itself dated from the 1753 Munich Convention between Austria and Bavaria, fixing the thaler at 10 per Cologne mark of silver. Augsburg's adoption kept its coinage interoperable with the broader south German monetary zone.

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