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1 Thaler - Leopold I

Issuer Hungary
Year 1658-1661
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Currency Thaler (1526-1754)
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Obverse script Latin
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Reverse description Crowned double-headed imperial eagle displayed within an inner circle, the crown above dividing the date. The KB mintmark of Kremnica is separated by the eagle's tail below. On the eagle's breast, a crowned fourfold coat of arms in a U-shaped cartouche displays alternating Árpádian stripes and the Bohemian lion; a central escutcheon bears the uncrowned Austrian and Burgundian arms. The reverse legend encircles the composition.
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Additional information

Leopold I was crowned King of Hungary in 1655, but his early thalers were struck against a backdrop of acute political instability — the Ottoman frontier was active, Transylvania remained a contested buffer, and the Hungarian nobility was already bristling under Habsburg centralism that would eventually boil over in the Wesselényi conspiracy of the late 1660s. The Kremnitz mint, responsible for the bulk of Hungarian silver coinage, was operating under considerable logistical pressure during these years as wartime silver flows from the Habsburgs' broader treasury competed with local striking demands.

Davenport lists two varieties under EC II#3254, while Huszár separates H#1365 and H#1366 by minor die differences. The four-year emission window reflects production continuity rather than a single-year issue.

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