|
Hamburger Bank
The Hamburger Bank was a public credit institution founded in 1619 by the Free City of Hamburg. It operated independently until 31 December 1875, when it became part of the newly created Reichsbank. History The Hamburg City Council made the decision to create the bank in February 1619, following lengthy negotiations with its civic stakeholders. Like its model, the Amsterdamsche Wisselbank which had been founded in 1609, it was intended to improve monetary stability in uncertain times and to simplify trade between merchants. The numerous English merchant adventurers, Portuguese Sephardi Jews and Dutch religious refugees living in Hamburg at the time brought their capital and knowledge to the bank, thus contributing to its initial success. The bank was administered free of charge by two senators, two City elders (''Oberalten''), two "treasury citizens" (''Kammereibürger'') and five "bank citizens" (''Bancobürger''), namely citizens who had an account at the bank. The bank's prem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsmünzfuß
The ''Reichsmünzfuß'' ("Imperial Minting Standard") was a coinage standard or '' Münzfuß'' officially adopted for general use in the Holy Roman Empire. Different imperial coin standards were defined for different types of coins. History After Charlemagne had introduced his successful Carolingian monetary reform, the high medieval Interregnum led to the collapse of imperial coin sovereignty.Carl Friedrich Gerstlacher (1786) Corpus iuris Germanici publici et privati: this is the most authentic possible text of the German imperial laws, imperial regulations and other imperial standards, in sistematic order, with annotations. Volume One - Of Imperial Laws and Imperial Ordinances. Johann Benedict Mezler, Frankfurt and Leipzig. Second unchanged edition. p. 374 ff. At the ''Reichstag'' or Imperial Diet in Eger in 1437, an early form of the imperial coinage system was discussed and the first determinations were made in the direction of an imperial coin standard. It was determ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thalers
A thaler (; also taler, from german: Taler) is one of the large silver coins minted in the states and territories of the Holy Roman Empire and the Habsburg monarchy during the Early Modern period. A ''thaler'' size silver coin has a diameter of about and a weight of about 25 to 30 grams (roughly avoirdupois ounce, 1 ounce). The word is shortened from ''Joachimsthaler'', the original ''thaler'' coin minted in Jáchymov, Joachimstal, Kingdom of Bohemia, Bohemia, from 1520. While the first standard coin of the Holy Roman Empire was the ''Guldengroschen'' of 1524, its longest-lived coin was the ''Reichsthaler (Reichstaler)'', which contained Cologne Mark of fine silver (or 25.984 g), and which was issued in various versions from 1566 to 1875. From the 17th century a lesser-valued ''North German thaler'' currency unit emerged, which by the 19th century became par with the ''Vereinsthaler''. The ''thaler'' silver coin type continued to be minted until the 20th century in the fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guilders
Guilder is the English translation of the Dutch and German ''gulden'', originally shortened from Middle High German ''guldin pfenninc'' "gold penny". This was the term that became current in the southern and western parts of the Holy Roman Empire for the Fiorino d'oro (introduced in 1252). Hence, the name has often been interchangeable with ''florin'' ( currency sign ''ƒ'' or ''fl.''). The guilder is also the name of several currencies used in Europe and the former colonies of the Dutch Empire. Gold guilder The guilder or gulden was the name of several gold coins used during the Holy Roman Empire. It first referred to the Italian gold florin introduced in the 13th century. It then referred to the Rhenish gulden (florenus Rheni) issued by several states of the Holy Roman Empire from the 14th century. The Rhenish gulden was issued by Trier, Cologne and Mainz in the 14th and 15th centuries. Basel minted its own ''Apfelgulden'' between 1429 and 1509. Bern and Solothurn followed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Gold Mark
The German mark (german: Goldmark ; sign: ℳ) was the currency of the German Empire, which spanned from 1871 to 1918. The mark was paired with the minor unit of the pfennig (₰); 100 pfennigs were equivalent to 1 mark. The mark was on the gold standard from 1871–1914, but like most nations during World War I, the German Empire removed the gold backing in August 1914, and gold and silver coins ceased to circulate. After the fall of the Empire due to the November Revolution of 1918, the mark was succeeded by the Weimar Republic's mark, derisively referred to as the Papiermark ("Paper mark") due to hyperinflation in the Weimar Republic from 1918–1923. History The introduction of the German mark in 1873 was the culmination of decades-long efforts to unify the various currencies used by the German Confederation.pp 205-218 https://books.google.com/books?id=GrJCAAAAIAAJ&pg=PA205#v=onepage&q&f=false The Zollverein unified in 1838 the Prussian and South German currenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vienna Monetary Treaty
The Vienna Monetary Treaty (also known as the Vienna Coinage Treaty) of 1857 was a treaty that set a currency standard for use across the German Zollverein states, Austria, and Liechtenstein. The official name of the treaty was Monetary Treaty Between the German States of 24 January 1857. History At the time there were three competing monetary systems in Germany, in Austria, Prussia and south Germany. The Mint Conference and Convention in Vienna sought to eliminate the problems from this, and the treaty was the result. The treaty remained in force until the unification of Germany in 1871. Main terms Article 1: The pound, with a weight of 500 g, would serve as the basis of the coinage system. Articles 2 and 3: There would be a single silver standard, but three national coinage systems would be permitted: * The Prussian standard of 30 thalers per pound of silver, to replace the prior 14-thaler per Cologne Mark standard, for use in Prussia, Saxony, Hanover, Hesse, Grand Duchy of Sax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vereinsthaler
The Vereinsthaler (, ''union thaler'') was a standard silver coin used in most German states and the Austrian Empire in the years before German unification. The Vereinsthaler was introduced in 1857 to replace the various versions of the North German thaler, many of which were already set at par with the Prussian thaler. While the earlier Prussian Thaler was slightly heavier at th a Cologne mark of fine silver (16.704 grams), the Vereinsthaler contained grams of silver, which was indicated on the coins as one thirtieth of a metric pound (Pfund, equal to 500 grams). Distribution The Vereinsthaler was used as the base for several different currencies. In Prussia and several other northern German states, the Vereinsthaler was the standard unit of account, divided into 30 Silbergroschen, each of 12 Pfennig. See Prussian Vereinsthaler. In Saxony, the Neugroschen was equal to the Prussian Silbergroschen but was divided into 10 Pfennig. See Saxon Vereinsthaler. Some other n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zollpfund
The ''Zollpfund'' ("customs pound") is an historical German weight based on the old pound. In 1854, the German Customs Union, the ''Zollverein'', fixed the pound weight or at exactly 500 grammes, making it about seven percent heavier than the old unit of weight, the ''Pfund'' ("pound"). The new pound was called the ''Zollpfund'' to distinguish it. The new definition was already in use in the southern German states of Baden, Hesse and in Switzerland, and was introduced in 1858 as a state weight in northern and large parts of central Germany. The ''Zentner The zentner (German ''Zentner'', from Latin ''centenarius'', derived from ''centum'' meaning "hundred") is a name for a unit of mass which was used predominantly in Germany, Austria, and Switzerland, although it was also sometimes used in the Unit ...'' ("hundredweight") corresponded to 50 kilogrammes. As a result, the subordinate units of measurement were also widely redefined: * In north-eastern and central Germany (including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian Rigsdaler
The rigsdaler specie was a unit of silver currency used in Norway, renamed as the speciedaler in 1816 and used until 1873. Norway used a common reichsthaler currency system shared with Denmark, Hamburg and Schleswig-Holstein until 1873 when the gold standard was implemented in Scandinavia and the German Empire. Rigsdaler specie The reichsthaler currency system used in Northern Europe until 1873 consisted of the silver Reichsthaler specie (''Rigsdaler specie'') worth 120 ''skillings'' in Norway and Denmark, and the lower-valued ''Rigsdaler courant'' worth th of specie or 96 ''skillings'' (both units worth 60 and 48 ''schellingen'', respectively, in Hamburg and Schleswig-Holstein). The Hamburg Bank equated 9 reichsthalers specie to a Cologne Mark of fine silver, hence 25.28 g silver in a ''rigsdaler specie''. Coins In the late 18th and early 19th centuries, coins were issued in denominations of 1, 2, 4, 8 and 24 skilling, , , , , and 1 rigsdaler specie. Banknotes In 1695, gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danish Rigsdaler
The rigsdaler was the name of several currencies used in Denmark until 1875. The similarly named Reichsthaler, riksdaler and rijksdaalder were used in Germany and Austria-Hungary, Sweden and the Netherlands, respectively. These currencies were often anglicized as rix-dollar or rixdollar. History Several different currency systems have been used by Denmark from the 16th to 19th centuries. The ''krone'' (lit. "crown") first emerged in 1513 as a unit of account worth 8 marks. The more generally used currency system until 1813, however, was the Danish ''rigsdaler'' worth 1 ''krone'' (or ''schlecht daler''), 6 marks, or 96 '' skilling''. The Danish ''rigsdaler'' used in the 18th century was a common system shared with the silver reichsthalers of Norway, Hamburg and Schleswig-Holstein. The currency system consisted of the Reichsthaler specie (''Rigsdaler specie'') worth 120 ''skillings'' in Denmark and Norway, and the lower-valued ''Rigsdaler courant'' worth th of specie or 96 ''skill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Standard
The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. Silver was far more widespread than gold as the monetary standard worldwide, from the Sumerians 3000 BC until 1873. Following the discovery in the 16th century of large deposits of silver at the Cerro Rico in Potosí, Bolivia, an international silver standard came into existence in conjunction with the Spanish pieces of eight. These silver dollar coins played the role of an international trading currency for nearly four hundred years. The move away from the silver to the gold standard began in the 18th century when Great Britain set the gold guinea’s price in silver higher than international prices on the recommendation of Sir Isaac Newton, attracting gold and putting them on a de facto gold standard. Great Britain formalized the gold standard in 1821 and introduced it to its colonies afterwards. Imperial Germany’s move to the gold standard in 1873 triggered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch Rijksdaalder
The ''rijksdaalder'' (Dutch, "Imperial dollar") was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire (weighing 29.232 grams of 0.889 fine silver) but weighed slightly less, at 29.03 g (448 grains) of 0.885 fine silver, reduced to 0.875 fine by the 17th century.Weight 18 engel 28 azen (29.03 g), fineness 10 twelfths, reduced to 10 twelfths. https://books.google.com/books?id=GrJCAAAAIAAJ&pg=PA356#v=onepage&q&f=false Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century. 17th century rijksdaalder was set to be equal to from 48 to 50 stuivers (the Dutch equivalent of shillings) and circulated along with silver florins (28 stuivers), daalders (30 stuivers), leeuwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
