Thaler

Zürich struck thalers of this type sporadically through the latter eighteenth century, issuing them largely as trade and prestige pieces rather than for day-to-day commerce — the city's smaller denominations handled most circulation needs. By 1779 the Swiss Confederation remained a patchwork of competing cantonal monetary systems, and a well-struck Zürich thaler carried as much political weight as economic. The city-republic was fiercely protective of its minting rights, which dated to imperial grants of the medieval period.

Hürlimann documents this as a scarce subvariety within the 635 grouping, distinguished by minor die differences from the more frequently encountered 635e.