Message:

<p>[QUOTE=&quot;Loong Siew, post: 3035166, member: 75799&quot;]The first Dollar. Bohemia. Count Stephan Schlick and brothers. Guldengroschen. Joachimsthal. 1517. Davenport 8138. </p><p><br /></p><p>The first Dollar originated not from the US but actually derived its name and origin from a small but very rich town in Bohemia. Today the town is named Jachymov, modern day Czech Republic, it was named Joachimsthal&nbsp; (Valley of John) and the area became prominent and prosperous due to rich deposits of silver prior to the discovery of the rich silvers of the New World.Owned by the Counts of Schlick, the family was allowed to mine and issue silver coins of finesse and weight to match it&#039;s value in gold thus the term &quot;Guldengroschen&quot; or &quot;Golden Groschen&quot;. With the invention of the screw press, the Counts of Schlick was able to mint coins on large planchets and sufficient quantities all bearing the image of St John and the Bohemian Lion.</p><p><br /></p><p>These coins became so popular that they set the standard of weight and finesse across future like issues across Europe. Popularly known as Joachimsthal after the area where they were mined and minted, it became abbreviated to the 1st &quot;Thaler&quot;. Traded widely across Europe, it eventually influenced world trade when the Spanish Pieces of Eight adopted the standard in the new world. Throughout the centuries, different pronunciations from different countries eventually changed Thaler to Daaler and then became &quot;Dollar&quot; when immigrants started colonizing the Americas.</p><p><br /></p><p>[ATTACH=full]756947[/ATTACH][/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in