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5000 Korún Striking of Thaler coins in Kremnica

Issuer Národná banka Slovenska
Year 1999
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Reference(s) KM#54
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Reverse description Central field depicts a mounted knight in armour on horseback facing right, closely reproducing the reverse design of the original 1499 Kremnica thaler. The commemorative inscription '500. VÝROČIE RAZBY PRVÝCH TOLIAROVÝCH MINCÍ - KREMNICA' encircles the equestrian figure along the rim. The dates '1499' and '1999' appear prominently in the field, marking the five-hundredth anniversary of the striking of the first thaler-type coins at Kremnica. The design is rendered in a style faithful to the original late Gothic and early Renaissance engraving tradition.
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Mintage 1999 - Proof - 5,500
Additional information

Kremnica's mint is one of the oldest continuously operating mints in the world, established in 1328 under Charles I of Hungary to process silver and gold from the surrounding Ore Mountains. The thaler struck there became a commercial standard across Central Europe for centuries, and the commemorative series marking that minting tradition was a deliberate assertion of Slovak numismatic heritage following independence in 1993.

KM#54 is part of a broader run of Slovak gold commemoratives from the late 1990s issued in relatively modest quantities, consistent with the National Bank's policy of limiting collector gold to preserve secondary market values.

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