Thaler (Dan. and Swed. daler), a coin and money of account of Germany, Austria, Holland, Belgium, Denmark, Sweden, and Norway. Silver coins of an ounce weight were struck in the early part of the 16th century at Joachimsthal, a town in Bohemia, whence the name. (See Dollar.) Other countries after a time began to coin thalers, but not always of the same value, and hence originated the Laubthaler or leaf dollar, the Philippsthaler, the Swedish copper dollar, etc. In most of the countries of Europe the royal or imperial mints coined thalers, hence called rigsdaler, riksdaler, or Reichsthaler, that is, dollar of the realm. These varied in value according to the amount of alloy. (See Coins.) As money of account there is still greater diversity of values, owing to the depreciation of the issues of the national banks or treasuries. In Sweden the rigsdaler riksmynt, now the authorized money of account, is about 27 cts. In Denmark the rigsbank daler is about 54 cts. In Germany generally the thaler of account is reckoned at 69 to 73 cts.

American currency.