Very interesting value. The Teutonic Order is mainly associated with activities in Prussia and Latvia, but this thaler was minted in Hall in Tyrol.
Variety without punctuation between D and G in the obverse legend and with AR in the obverse legend.
Maximilian III, as Grand Master of the Teutonic Order in the years 1590–1618, 1/2 Thaler 1616, Hall mint
Obverse: Grand Master in full figure with sword standing on a paneled and decorated floor between the helmet on the right and the coat of arms on the left
MAX D G AR AV DVX BVR MAG PRVSS ADMI
Reverse: tournament rider on the right in the coat of arms wreath, under the horse the date
Diameter 35 mm, weight 14.22 g