https://earlymoderneurope.hist.sites.carleton.edu/files/original/990de832bf633f49d08808e2272cd550.jpeg b5f8c139b2205d40bb1a653485712b16 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource German Thaler Creator An entity primarily responsible for making the resource [Unknown] Contributor An entity responsible for making contributions to the resource Zach Irvin Date A point or period of time associated with an event in the lifecycle of the resource 1761 Description An account of the resource The thaler, a coin widely used throughout Europe since the 16th century, was considered by many to be a standard currency of the era. This particular silver coin, however, was minted in 1761 in northern Germany near the end of its popularity. The death of the thaler was indicative of the much broader economic developments throughout the 18th century. The German economy experienced especially dramatic changes throughout the 17th and 18th century. The aftermath of the Thirty Years War left the economy uniquely volatile to the wider disruptions felt throughout Europe in this "Age of Crisis". Commerce throughout this period became quite stagnant as a result of unstable price signals and depleted resources. These failures of price signals and subsequent inflation required an entirely new approach to monetary policy. The role of the state, therefore, became a central consideration of this era. Perhaps the war was most felt in the German countryside where "a survey in the abbey of Ottobeuren found only 133 horses and 181 cattle in 1636, compared to 2,094 and 6,607 respectively 16 years earlier" (Wilson, 801). The state's role, therefore, was in part a response to the destruction experienced by rural communities and the demands of the struggling German farmer. Source A related resource from which the described resource is derived German Thaler, 1761. Vänersborgs Museum. <a href="https://www.europeana.eu/portal/en/record/916106/vbg_object_VM25362.html?q=German+Thaler">https://www.europeana.eu/portal/en/record/916106/vbg_object_VM25362.html?q=German+Thaler</a><br /><br />Wilson, Peter H. Europe's Tragedy: A New History of the Thirty Years War. Penguin UK, 2009. Rights Information about rights held in and over the resource Free Use CC BY