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1 Thaler Type 1

Issuer Riga, Free city of
Year 1573
Type Standard circulation coin
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Obverse description Central device depicts the city gate of Riga, rendered as a fortified double-towered gateway with arched portal and decorative elements, all within a circular legend. The towers are surmounted by onion-shaped turrets, and the gate is shown in a stylized architectural manner typical of late 16th-century German-influenced coinage. The heraldic composition is flanked by the circular Latin legend around the periphery of the field.
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Edge Plain
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Additional information

Riga struck this thaler in the years immediately following its formal incorporation into the Polish-Lithuanian Commonwealth under the Treaty of Drohiczyn (1559), a political accommodation that left the city with unusual autonomy and its own municipal coinage rights. The low silver content reflects the chronic bullion shortages afflicting Baltic minting in the 1570s — Riga was drawing on whatever metal could be sourced commercially rather than from consistent crown supply.

Davenport's EC I classification places this among the earliest thaler-weight billon issues from the city, predating the better-documented Sigismund III-era coinage by over a decade.

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