Rixdollar

The rixdollar, also spelled rigsdaler or speciesdaler, was a silver coin used in various European countries from the 16th to the 19th centuries. The name derives from the German "Reichstaler" (imperial thaler) and signifies a coin of imperial (Holy Roman Empire) standard.

Initially, the rixdollar referred to a large silver coin minted according to a standard fixed by the Holy Roman Empire in the 16th century. This standard specified the coin's weight and silver content. Different regions and countries subsequently adopted and modified the rixdollar, leading to a variety of versions with slightly different weights and fineness.

The rixdollar circulated widely, especially in Northern Europe, including Denmark, Norway, Sweden, and the Netherlands. Each country produced its own version, often bearing the national coat of arms or effigy of the ruler.

Over time, the value and specifications of the rixdollar varied. Some countries adopted it as their primary currency, while others used it alongside other coinage. As national currencies developed and were decimalized, the rixdollar was gradually phased out, being replaced by new monetary systems. However, in some regions, the name “rixdollar” persisted in local usage as a term for coins of similar value, even after the official denominations changed. The rixdollar played a significant role in international trade and finance during its period of circulation.