Tolar 1603 – Replica of a Historical Coin
The tolar (also taler, thaler) is a replica of the large silver coin minted in the Czech lands. Our version is a 1:1 copy of the coin introduced in 1603 by Emperor Rudolf II.
The first tolars were minted in Jáchymov at the end of the 15th century from local silver. Their success was enormous – the coin spread across Europe and became the model for many currencies. The name itself comes from Joachimsthaler(literally “from the valley of St. Joachim”), shortened to Thaler / Taler, which later gave rise to the word dollar.
A curious story is linked to its origin: Count Šlik owned rich silver mines but had debts abroad. He was forbidden to export silver ingots, yet nothing in the law prohibited minting his own coin. So he struck huge Jáchymov tolars to use up large amounts of silver quickly and send them abroad as quasi-legal payment. Emperor Rudolf II was furious when he learned about it, but Šlik cleverly presented him with a new design: the “Rudolf II Tolar.” He claimed the Jáchymov pieces had been only a test. Rudolf, flattered, adopted the tolar as an official currency of his empire – and allowed Šlik to continue limited minting.