1 Thaler New Business Exchange

Bremen's Thaler of 1864 was struck not as a general circulation coin but as a purpose-built trade instrument for the city's merchant exchange — the Neue Börse — reflecting Bremen's stubborn commercial independence at a moment when German monetary unification was closing in. The city had long resisted absorption into the Prussian-dominated Zollverein currency framework, and this issue was a practical assertion of that position.

The fineness of .986 is deliberately non-standard, setting it apart from the Vereinsthaler system that neighboring states had adopted.