A shooting thaler ( ; ; ) is a silver coin in thaler size minted to commemorate a Schützenfest (French: Fête de tir) or free shooting (German: Freischiessen, French: Tir libre) in Switzerland.
In a narrow sense, Swiss Schützentaler are the silver coins equal in size and weight to the Swiss 5 francs coin minted on the occasion of one of the Eidgenössische Schützenfeste, or federal shooting festivals. Two such coins were issued by the cantonal mints of Graubünden (1842, denominated at 4 Swiss francs), and Glarus (1847, denominated at 40 Batzen) prior to the establishment of the Federal Mint. Sometimes included as "shooting thaler" is a double thaler (10 francs) coin minted by Geneva and donated as cash prizes to the 1851 festival.
The Federal Mint has issued fifteen such coins with the nominal value of five francs, between 1855 and 1885. These coins were not intended as legal tender, even though they were issued by the federal mint with a nominal face value. Because they were minted to the official specifications of the 5 francs coin, they were nevertheless circulated de facto. After 1885, the federal mint was dissuaded from minting these semi-official coins on the part of the Latin Monetary Union. After the demise of the Monetary Union, the Swiss federal mint issued two further Schützentaler, in 1934 and 1939, for a total of twenty distinct Schützentaler (3 cantonal, 17 federal). Of the 22 cantons of the Swiss Confederation, 18 are represented in these coins, the exceptions being Uri, Appenzell, Aargau and Valais.
Most of the designs in the series depict strongly patriotic themes, frequently depicting the federal personification Helvetia alongside a cantonal or city personification, in some cases alluding to specific historical events. The entire series can be distinguished from the much more varied genre of shooting medals (Schützenmedaillen) by their adherence to the specifications of circulating coinage (with the exception of the three cantonal specimens, the Swiss 5 francs coin). All but the Stans (1861) and St. Gallen (1874) issues are denominated.
The term Schützentaler has been revived for commercially produced commemorative coins of thaler size offered on the collector's market since the 1980s.
History
The first shooting medals were struck in honor of the Officers' Shoot held in Langenthal, Bern, in 1822. Shooting medals continued to be made in great numbers, minted in a variety of metals, including silver, bronze, gold and white metal.
The first shooting thalers were cantonal pieces, minted in the 1840s by Grisons and Glarus as sovereign cantons of the Restored Confederacy. These two thalers were strictly legal tender, issued under the same conditions as other circulating coins of the period.<ref name=Haas1893>F. Haas, Eine Streitfrage: Sind die eidgenössischen Schützenfestthaler mit der Werthbezeichnung 4 Franken (alte) und 5 Franken in eine Verkehrs-Münzensammlung aufzunehmen oder nicht?" ("A controversial question: should the federal shooting festival thalers with denomination 4 francs (old) and 5 francs be included in a collection of circulating coins or should they not?"), Revue numismatique de suisse 3 (1893), 354f.</ref>
For the 1851 festival, Geneva, already as a canton of the Swiss Confederation but before the federal mint had become fully operational, issued a 10 francs piece. This is sometimes included as a "shooting thaler", even though the shooting festival is in no way alluded to in the coin design. The Geneva issue of 1851, with a mintage of only 1,000 pieces, is the rarest of the shooting thalers, and has consequently attained the highest collector's value, selling for upward of CHF 1,500.
All nineteenth-century federal shooting thaler issues were minted to legal fineness, and were given the denomination of five francs. But from 1865, Switzerland was a member of the Latin Monetary Union, and since the shooting thalers were not included in the mintages authorized by the Union, they are considered semi-medallic, and not technically legal tender even though they did circulate de facto, and their circulation was tolerated by the federal authorities. The classification of the federally issued shooting thalers as circulating currency was discussed controversially in the late 19th century. Haas (1893) argues for their recognition as such. He cites the fact that for three decades, these coins were circulated de facto without intervention on the part of the federal authority. In addition, the 1855 thaler was minted as a regular 5 francs coin with the only exception of the shooting festival being mentioned in the inscription on the coin's edge.