Discovering Peace in Silver: The Rare 1698 Nuremberg “Peace Taler”

A Masterpiece from the Heart of the Holy Roman Empire

For seasoned collectors and savvy investors seeking historically significant assets, the 1698 Nuremberg DAV-5669 Taler stands as a captivating piece of numismatic artistry—and an increasingly rare acquisition in today’s market.

This coin, graded NGC MS64, recently commanded a final auction price of ¥2,804,931 (approx. $17,600 USD), a strong indicator of its growing demand and rarity. Issued by the Free Imperial City of Nuremberg in 1698, it is a powerful silver taler celebrating the long-awaited peace after decades of warfare in Europe.

A Glimpse into History: Peace, Power, and Precision

Minted in the twilight years of the 17th century, this coin marks 50 years since the Peace of Westphalia (1648)—a monumental event that ended the Thirty Years’ War and reshaped European diplomacy. It’s often also associated with the Treaty of Ryswick (1697), which ended the Nine Years’ War just one year before the coin’s issuance. In either case, the message is clear: peace was both longed for and celebrated.

  • Obverse (Front): A breathtaking panoramic view of Nuremberg under divine light, with the Hebrew name of God “Yahweh” emerging from the clouds. The Latin inscription reads: 'MONETA REIPUB: NORIMBERGENSIS 1698' – “Coin of the Republic of Nuremberg, 1698.”

  • Reverse (Back): The goddess of Peace (Pax) stands atop a pedestal, holding a caduceus and olive branch—symbols of harmony and trade. Winged cherubs flank her, embracing Nuremberg's coat of arms. The surrounding text: 'EXOPTATA DIU PAX COELI EX MVNERE VENIT' – “Long-awaited peace has come by heaven’s gift.”

Crafted from high-grade silver, the coin weighs approximately 29.1 grams and spans 42 mm, making it not only historically symbolic but physically impressive.

Why Collectors and Investors Are Competing for This Coin

The 1698 Nuremberg Peace Taler isn't just a beautiful coin—it’s a strategic asset. Here’s why it holds significant appeal for collectors and investors alike:

1. Exceptional Preservation

This piece is graded MS64 by NGC, meaning it has survived over 300 years in mint condition, showing minimal surface marks and retaining sharp detail and natural luster. Only a handful of similar examples have been graded this high, and fewer still come to market.

2. Historical Importance

Issued during a pivotal moment in European history, this taler captures the spirit of a continent yearning for peace. Nuremberg’s unique role as host of the Westphalian peace enforcement congress in 1650 gives this coin additional symbolic power—marking it as a commemorative relic of diplomacy, not just coinage.

3. Market Scarcity and Rising Value

Comparable coins with similar themes and grades, such as the 1742 Nuremberg Charles VII Coronation Taler or other imperial city talers, have fetched upwards of $10,000–$15,000. A comparable MS64+ specimen of this exact coin sold in 2023 for $13,200, proving this is no sleeper item—it’s a recognized prize.

Moreover, MS64-level examples of this coin are extremely rare, with certified populations under 5 worldwide. The coin's strong auction performance—despite a soft global economy—suggests enduring appeal and market resilience.


Final Thoughts: A Tangible Investment in Peace and Prestige

The 1698 Nuremberg Peace Taler is not just a numismatic treasure—it is a window into the cultural, political, and spiritual values of an era. It offers collectors a unique convergence of beauty, symbolism, and scarcity. For investors, it represents a solid hedge against inflation and a highly liquid asset with strong upside potential in the global rare coin market.

As with any exceptional coin, availability is fleeting. Those fortunate enough to acquire one will not only possess a physical link to a defining moment in European history—but also a high-performing asset with enduring value.