How did the Jáchymov thalers become US dollars? The Czech Mint's bullion coin minted from one twenty-fifth of a troy ounce of fine gold will remind you of this incredible story.

A lightning rod, a propeller, blood groups, genetics, contact lenses, sugar cubes and the word robot - all this is the work of our ingenious compatriots. But it is a little-known fact that we have also given the world its most famous and respected currency. Which is it? The dollar! Somewhere in Texas, no one probably knows that the roots of their famous currency go back to a mountain town in a small country in the heart of Europe. That's why it's worth remembering a forgotten Czech heritage whose history began five hundred years ago... The Jáchymov thaler was a silver coin that originated in the Czech Kingdom in 1520. It was an exceptionally high quality currency that spread throughout Europe and its success prompted the minting of many imitations. The Bohemian tolar became, for example, the Dutch daler, which was used for payment in the American colonies, among other places. Another corruption of the Czech word was the dollar.

While the reverse side of the coin, which is the work of designer Ladislav Vraný and medal maker MgA. Martin Dašek, presents three Jáchymov thalers, on the obverse side you will find a trio of American dollars. Specifically, this is the motif of the very first coins minted by the United States in 1794, which borrowed not only the name but also the weight and purity of the metal used from their Czech ancestor. Since the coins of the Czech Mint are issued with the licence of a foreign issuer, which is the island of Niue, their obverse side still bears its necessary elements - the national emblem, the nominal value of 5 DOLLARS (NZD) and the year of issue 2022.

Invest in a smart, stylish and VAT-free way! The coin is set in a special packaging that is numbered. The mintage is only 500 pieces.

The story of the Czech thalers will be presented in detail in a popular educational series produced in cooperation between the Czech Mint and the CNN Prima NEWS channel.