Page "Thaler" Paragraph 1

The Thaler ( or Taler or Talir ) was a silver coin used throughout Europe for almost four hundred years.

Its name lives on in various currencies as the dollar or tolar.

Etymologically, " Thaler " is an abbreviation of " Joachimsthaler ", a coin type from the city of Joachimsthal ( Jáchymov ) in Bohemia, where some of the first such coins were minted in 1518.

( is German for " valley ".

A " thaler " is a person or a thing " from the valley ".

In the 1902 spelling reform, the German spelling was changed from " Thal " and " Thaler " to " Tal " and " Taler ", which, however, did not affect the spelling of " Thaler " in the English language.