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17th-century thaler minted in Hungary showing Emperor Leopold I.

The Thaler (or Taler or Talir) was a silver coin that was used throughout Europe for almost four hundred years. It was named after the "Joachimsthaler", a type of coin from the city of Joachimsthal (Jáchymov) in Bohemia. It is where the names "dollar" and "tolar" come from. The Thaler was first made in 1518. In Habsburg Spain and the Spanish Empire it was called "Peso".