1⁄24 Thaler

Mühlhausen's status as a Free Imperial City meant it answered directly to the Emperor rather than any territorial prince — a privilege that came with the right to mint, and which the city exercised jealously into the late eighteenth century despite its modest size. By 1767, that autonomy was already an anachronism; most comparable cities had long since lost their minting rights through debt, war, or absorption into larger territories. Mühlhausen held on until the French annexation of 1802 ended the matter permanently.

The 1⁄24 Thaler denomination was a workhorse of small commerce in the German states, pegged to the Reichsthaler system established under the Leipzig Convention of 1690.