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Thaler

Issuer City of Lucerne
Year 1698
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Composition Silver
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Obverse description Central device features the arms of Lucerne — a vertically divided shield displaying a pale — set within an elaborate baroque cartouche adorned with foliate scrollwork. A double-headed imperial eagle with spread wings surmounts the shield at the top of the cartouche. The circumferential Latin legend MONETA NOVA REIPU . LUCERNS . reads around the field, with the date 1698 flanked by six-pointed stars positioned at the top between legend and eagle. The coin's milled border surrounds the entire design.
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Reverse script Latin
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Additional information

Lucerne struck thalers intermittently throughout the seventeenth century, largely to assert civic prestige rather than meet any pressing commercial demand — the canton's trade volume never required large-denomination silver on the scale that minting implied. By 1698, the Swiss thaler series was already being squeezed by the growing dominance of the Reichsthaler in cross-border transactions, making late issues like this one more ceremonial than functional. Few circulated heavily as a result, which partly explains why survivors tend to present better than their age suggests.

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