The dollar is named after the thaler. The thaler was large silver coin first made in the year 1518. The thaler named after the Joachimsthal (Joachim's valley) mine located in Bohemia (thal means valley in German).
The "dollar" began in sixteenth-century Bohemia, as a well-liked and widely circulated one-ounce silver coin minted by the Count of Schlick, who lived in Joachimsthal. They became known as Joachimsthalers, or Schlichtenthalers, ...
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