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<p>[QUOTE="Jaelus, post: 7351328, member: 46237"]Funny, I actually won the Heritage auction you linked. This is a restrike of an 1896 millennium thaler. I've seen it referenced as a 1.25T before, however, I would say that is an unusual designation for the piece. It is definitely a 1 thaler. The originals were produced for the Hungarian Millennium Expo - basically like a world's fair in Budapest held in 1896. They produced updated souvenir versions of historic Hungarian coins with Franz Joseph instead of the original depicted rulers and legends. Those original coins are exceedingly rare, so the restrikes are a popular alternative.</p><p><br /></p><p>As for the restrikes, the official weight is 35.88g. The "U P" on the reverse on either side of Saint Mary is the restrike mark. That is not present on originals. 798 out of an intended 1000 pieces were produced by Artex for export on August 4th 1965. I am unsure why the full 1000 were not struck. There is also a klippe version that was sold on its own or in klippe sets sold through the Franklin Mint.</p><p><br /></p><p>Of note, there are quite a few knockoffs of this coin being produced, but they always get some of the details wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 7351328, member: 46237"]Funny, I actually won the Heritage auction you linked. This is a restrike of an 1896 millennium thaler. I've seen it referenced as a 1.25T before, however, I would say that is an unusual designation for the piece. It is definitely a 1 thaler. The originals were produced for the Hungarian Millennium Expo - basically like a world's fair in Budapest held in 1896. They produced updated souvenir versions of historic Hungarian coins with Franz Joseph instead of the original depicted rulers and legends. Those original coins are exceedingly rare, so the restrikes are a popular alternative. As for the restrikes, the official weight is 35.88g. The "U P" on the reverse on either side of Saint Mary is the restrike mark. That is not present on originals. 798 out of an intended 1000 pieces were produced by Artex for export on August 4th 1965. I am unsure why the full 1000 were not struck. There is also a klippe version that was sold on its own or in klippe sets sold through the Franklin Mint. Of note, there are quite a few knockoffs of this coin being produced, but they always get some of the details wrong.[/QUOTE]
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