Thaler struck at the Dubrovnik mint in 1774, during the time of the independent Republic of Ragusa.
The republic, enjoying significant autonomy and influence in Adriatic trade, issued its own coinage as a symbol of its political and economic independence.
Obverse: bust in the mantle, to the left
RECTOR·REIP·RHACVSIN·
Reverse: crowned coat of arms
DVCAT·ET·SEM REIP·RAC·1774
Diameter 40 mm, weight 28.06 g