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Thaler

Issuer Uri, Schwyz and Unterwalden, Monetary Union of
Year 1551-1565
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Shape Round
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Obverse description Central field dominated by a large double-headed imperial eagle displayed, with wings spread, rendered in the hammered style typical of mid-16th century Swiss coinage. The eagle's breast bears a small shield at the base. The design is enclosed within a plain inner circle, with the abbreviations of the three confederate cantons — Uri, Schwyz, and Unterwalden — incorporated into the surrounding circular Latin legend. The entire motif reflects the shared sovereignty and confederate identity of the monetary union.
Obverse script Latin
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Additional information

The monetary union of Uri, Schwyz, and Unterwalden — the three original Forest Cantons whose 1291 oath underpins the Swiss federal myth — struck these thalers jointly as a deliberate assertion of collective economic authority at a moment when the larger cantons dominated Swiss monetary policy. Producing a shared thaler was logistically awkward; the three cantons had no single mint city and negotiating die production required formal inter-cantonal agreements that left documentary traces still studied by Swiss monetary historians.

The emission window of roughly fourteen years produced relatively few survivors in problem-free condition, as these coins saw genuine mercenary-trade circulation across the Alpine passes.

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