1/3 Thaler

Basel struck this fractional thaler during a period when the city-republic maintained its own monetary authority largely out of institutional inertia — Swiss civic mints were already losing ground to larger regional powers, and issues of this brevity, running only across 1764 to 1766, suggest a short-term demand rather than a sustained monetary program. The HMZ 2-101 attribution places it firmly within the documented Basel civic series, though surviving examples are encountered infrequently enough that auction appearances tend to cluster in Swiss specialist sales rather than general European coin markets.