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Hanoverian Thaler
The Thaler was the currency of the Electorate, later Kingdom of Hanover until 1857. It was identical to the North German thaler except from 1754 to 1834 when it was worth 1/12 a Cologne Mark of fine silver (versus the Conventions standard of 3/40 a Mark). It was subdivided into 36 ''Mariengroschen'', each of 8 ''Pfennig''. Between 1807 and 1813, the Westphalian thaler (equal to the Hanoverian Thaler) and the Westphalian frank circulated in Hannover. In 1834, the Thaler was revised in silver Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, whi ... content to equal to the Prussian thaler at 1/14 a Cologne Mark. The Thaler was replaced at par in 1857 by the Hanoverian vereinsthaler. References * * {{Germany-hist-stub Currencies of Germany Modern obsolete currencies Hanover 1 ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ...
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Prince-elector
The prince-electors (german: Kurfürst pl. , cz, Kurfiřt, la, Princeps Elector), or electors for short, were the members of the electoral college that elected the emperor of the Holy Roman Empire. From the 13th century onwards, the prince-electors had the privilege of electing the monarch who would be crowned by the pope. After 1508, there were no imperial coronations and the election was sufficient. Charles V (elected in 1519) was the last emperor to be crowned (1530); his successors were elected emperors by the electoral college, each being titled "Elected Emperor of the Romans" (german: erwählter Römischer Kaiser; la, electus Romanorum imperator). The dignity of elector carried great prestige and was considered to be second only to that of king or emperor. The electors held exclusive privileges that were not shared with other princes of the Empire, and they continued to hold their original titles alongside that of elector. The heir apparent to a secular prince-ele ...
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Kingdom Of Hanover
The Kingdom of Hanover (german: Königreich Hannover) was established in October 1814 by the Congress of Vienna, with the restoration of George III to his Hanoverian territories after the Napoleonic era. It succeeded the former Electorate of Hanover (known formally as the Electorate of Brunswick-Lüneburg), and joined 38 other sovereign states in the German Confederation in June 1815. The kingdom was ruled by the House of Hanover, a cadet branch of the House of Welf, in personal union with the United Kingdom of Great Britain and Ireland since 1714. Since its monarch resided in London, a viceroy, usually a younger member of the British Royal Family, handled the administration of the Kingdom of Hanover. The personal union with the United Kingdom ended in 1837 upon the accession of Queen Victoria because semi-Salic law prevented females from inheriting the Hanoverian throne while a dynastic male was still alive. Her uncle Ernest Augustus thus became the ruler of Hanover. His only ...
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North German Thaler
The North German thaler was a currency used by several states of Northern Germany from 1690 to 1873, first under the Holy Roman Empire, then by the German Confederation. Originally equal to the Reichsthaler specie or silver coin from 1566 until the ''Kipper und Wipper'' crisis of 1618, a ''thaler'' currency unit worth less than the ''Reichsthaler specie'' was first defined in 1667 and became widely used after adoption of the Leipzig currency standard of 1690. After the 1840s, the different North German states made their thalers equal in value to the '' Prussian thaler''; these thalers were then made par to the ''Vereinsthaler'' in 1857. The various North German ''thalers'' and ''vereinsthalers'' were all replaced in 1873 by the ''German gold mark'' at the rate of 3 marks per ''thaler''. Several old books confusingly use the same term Reichsthaler for the ''specie silver coin'' as well as the ''currency unit''. This is disambiguated by referring to the full-valued coin as the '' R ...
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Pfennig
The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- or ''-inc'' suffix was used, in addition to ''-ung'', the formation of affil ...
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Westphalian Thaler
The Thaler was a currency of the Kingdom of Westphalia between 1807 and 1813. From 1808, it circulated alongside the Frank. The Thaler was equal to those of the preceding states, including the Hannovarian Thaler. It was subdivided into 36 ''Mariengroschen'', each of 8 ''Pfennig The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, ...''. 1807 establishments in Europe 1813 disestablishments 19th-century economic history Currencies of Germany Modern obsolete currencies {{Germany-hist-stub ...
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Westphalian Frank
The Westphalian frank was a currency of the Kingdom of Westphalia between 1808 and 1813. It circulated alongside the Thaler, was equal to the French franc, and was subdivided into 100 ''Centimen''. The currency was dissolved upon being recaptured by Prussian forces and its allies in the Napoleonic Wars The Napoleonic Wars (1803–1815) were a series of major global conflicts pitting the French Empire and its allies, led by Napoleon I, against a fluctuating array of European states formed into various coalitions. It produced a period of Fren ... in 1813. {{Germany-hist-stub Currencies of Germany 1808 establishments in Europe 1813 disestablishments in Europe 1800s in Germany 1810s in Germany 19th-century economic history ...
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Silver
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ...
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Hanoverian Vereinsthaler
The Vereinsthaler was the currency of the Kingdom of Hanover between 1857 and 1866. The Vereinsthaler replaced the prior Thaler at par. The Vereinsthaler was first subdivided into 24 Groschen, each of 12 Pfennig, thus 288 Pfennig = 1 Vereinsthaler. From 1858 on the subdivisions were more decimalised to 30 Groschen, each of 10 Pfennig, thus 300 Pfennig making up a Vereinsthaler. When in 1866 the Kingdom of Prussia annexed Hanover the Hanoveran currency was replaced by the Prussian Vereinsthaler The ''Vereinsthaler'' was the currency of Prussia between 1857 and 1873. It replaced the ''Thaler'' at par and was replaced by the Mark at a rate of 1 ''Vereinsthaler'' = 3 ''Mark''. The ''Vereinsthaler'' was subdivided into 30 ''Silbergroschen'', ..., subdivided into 30 Silbergroschen, each of 12 Pfennig (thus 360 Pfennig = 1 Pr. Vereinsthaler). Currencies of Germany Modern obsolete currencies Kingdom of Hanover 1857 establishments in the Kingdom of Hanover 1866 disestablishment ...
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Currencies Of Germany
This is a list of current and historical currency of Germany. The sole currency of Germany has been the Euro since 2002. List {, class="wikitable sortable" , - !class=unsortable , Currency ! Area !Date created !Date abolished , - , Euro , , 1999 , current currency , - , Deutsche Mark , (unified) , 1990 (unified)1948 (West Germany) , 2002 , - , East German mark , , 1948 , 1990 , - , Saar franc , Saarland , 1947 , 1959 , - , Saar mark , Saarland , 1947 , 1947 , - , Reichsmark , , 1924 , 1948 , - , German Rentenmark , , 1923 , 1924 , - , German Papiermark , , 1914 , 1923 , - , German gold mark , , 1873 , 1914 , - , Vereinsthaler , North German states , 1857 , 1873 , - , South German gulden , South German states , 1754 , 1873 , - , North German thaler , North German states , 1690 , 1873 , - , Hamburg mark The Hamburg Mark refers to two distinct currencies issued in the city of Hamburg until 1875: * The Hamburg Mark Banco, a bank money and an accounting unit, and * The H ...
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