Struck at the Herborn mint in 1681, this Taler was issued jointly by the five princes of Nassau depicted on the obverse: Johann Franz Desideratus, Heinrich of Dillenburg, Wilhelm Moritz of Siegen, Heinrich Casimir of Diez and Franz Alexander of Hadamar, Interestingly, this particular issue is known today as the Badehosentaler, or “Bathing suit thaler”, jokingly referencing how the princes actually appear to be wearing old-fashioned bathing suits.

The dies were cut by local goldsmith Johann Dietrich Schlueter. According to records in the Berlin coin cabinet, he was paid 16 Reichsthaler for his efforts, however poorly executed. Some 60 years later, this type continued to be criticized. Johann David Köhler, the German numismatic historian (1684 –1755)  disparaged the coin and remarked how the princes were poorly engraved in a 1740 edition of his weekly numismatic “Münzbelustigungen” or “Coin Amusement”. The type is quite rare, with only a small number of examples known. Köhler even stated that he knew of only 3 examples.