1 Guldiner - Maximilian I. Hall

The Guldiner — sometimes called Guldengroschen — was Maximilian I's answer to a persistent problem: the Rhenish gold gulden was the trade coin of record, but gold supplies were unreliable and regional silver deposits, particularly from the Tyrolian mines at Schwaz, were producing extraordinary volumes. Hall's mint, sitting directly on the Inn River for waterpower and positioned close to Schwaz's output, was the natural facility to strike these large-denomination silver pieces at scale.

Maximilian never lived to see the Reichsmünzordnung of 1524, which would codify the thaler standard his own coins had helped establish. He died in January 1519, meaning the later pieces of this 1517–1519 emission were struck in the final months of his reign.