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Konventionsfuß
A ''Konventionsfuß'' ("convention standard", lit.: "convention foot") was a coinage standard established by state treaty, the convention. The first one was between Austria and a number of German states of the Holy Roman Empire in the mid-18th century. This Convention determined that 20 ''gulden'' or 10 '' Speziesthaler'' (i.e. 1 Thaler = 2 Austrian ''gulden'') be minted from a single Cologne ''mark'' of fine silver. Since the Cologne ''mark'' weighed approximately 233 g (with regional variants), one ''gulden'' had a fine weight of 11.69 g of silver. The money minted to this standard was called the Convention ''thaler'' ('' Konventionsthaler'') or Convention coin (''Konventionsmünze''). This designation was retained even after the states that had been party to the Convention, with the exception of Austria, had switched to a different standard. History Austria had left the Leipzig standard (at 12 ''thalers'' or 18 ''gulden'' to a fine ''mark'') in 1747 and from July 17 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Konventionstaler
The ''Conventionstaler'' or ''Konventionstaler'' ("Convention ''thaler''"), was a standard silver coin in the Austrian Empire and the southern German states of the Holy Roman Empire from the mid-18th to early 19th-centuries. Its most famous example is the Maria Theresa thaler which is still minted today. The ''Conventionsgulden'' was equivalent to a ''Conventionsthaler''. History The Austrian Empire introduced the Convention currency standard in 1754 to replace the Leipzig standard of 1690, after a drop in the gold-silver price ratio from 15 to 14.5 in the 1730s unleashed a flood of cheaper ''thalers'' defined in gold. The Leipzig standard defined the North German thaler currency unit at the ''Reichsthaler'' specie of 25.984 g, or 19.488 g fine silver. In contrast, in 1741 the gold Friedrich d'or pistole of 6.05 g fine gold was issued for 5 ''thalers''. This resulted in a cheaper Thaler Gold worth 1.21 g fine gold or 1.21 x 14.5 = 17.545 g fine silver. The ''Conventionsthale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Konventionsthaler
The ''Conventionstaler'' or ''Konventionstaler'' ("Convention ''thaler''"), was a standard silver coin in the Austrian Empire and the southern German states of the Holy Roman Empire from the mid-18th to early 19th-centuries. Its most famous example is the Maria Theresa thaler which is still minted today. The ''Conventionsgulden'' was equivalent to a ''Conventionsthaler''. History The Austrian Empire introduced the Convention currency standard in 1754 to replace the Leipzig standard of 1690, after a drop in the gold-silver price ratio from 15 to 14.5 in the 1730s unleashed a flood of cheaper ''thalers'' defined in gold. The Leipzig standard defined the North German thaler currency unit at the ''Reichsthaler'' specie of 25.984 g, or 19.488 g fine silver. In contrast, in 1741 the gold Friedrich d'or pistole of 6.05 g fine gold was issued for 5 ''thalers''. This resulted in a cheaper Thaler Gold worth 1.21 g fine gold or 1.21 x 14.5 = 17.545 g fine silver. The ''Conventionsthale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Standards
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Coinage may refer to: * Coins, standardized as currency * Neologism, coinage of a new word * ''COINage'', numismatics magazine * Tin coinage, a tax on refined tin * Protologism, coinage of a seldom used new term See also * Coining (other) * Coin (other) A coin is a small, flat, round piece of metal or plastic that is used as money. Coin or Coins may also refer to: Places France * Coin-lès-Cuvry, a municipality in Moselle * Coin-sur-Seille, a municipality in Moselle * Mont Coin, a mountain in ... [...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] |
Saxony
Saxony (german: Sachsen ; Upper Saxon: ''Saggsn''; hsb, Sakska), officially the Free State of Saxony (german: Freistaat Sachsen, links=no ; Upper Saxon: ''Freischdaad Saggsn''; hsb, Swobodny stat Sakska, links=no), is a landlocked state of Germany, bordering the states of Brandenburg, Saxony-Anhalt, Thuringia, Bavaria, as well as the countries of Poland and the Czech Republic. Its capital is Dresden, and its largest city is Leipzig. Saxony is the tenth largest of Germany's sixteen states, with an area of , and the sixth most populous, with more than 4 million inhabitants. The term Saxony has been in use for more than a millennium. It was used for the medieval Duchy of Saxony, the Electorate of Saxony of the Holy Roman Empire, the Kingdom of Saxony, and twice for a republic. The first Free State of Saxony was established in 1918 as a constituent state of the Weimar Republic. After World War II, it was under Soviet occupation before it became part of the communist East Ger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bavaria
Bavaria ( ; ), officially the Free State of Bavaria (german: Freistaat Bayern, link=no ), is a state in the south-east of Germany. With an area of , Bavaria is the largest German state by land area, comprising roughly a fifth of the total land area of Germany. With over 13 million inhabitants, it is second in population only to North Rhine-Westphalia, but due to its large size its population density is below the German average. Bavaria's main cities are Munich (its capital and largest city and also the third largest city in Germany), Nuremberg, and Augsburg. The history of Bavaria includes its earliest settlement by Iron Age Celtic tribes, followed by the conquests of the Roman Empire in the 1st century BC, when the territory was incorporated into the provinces of Raetia and Noricum. It became the Duchy of Bavaria (a stem duchy) in the 6th century AD following the collapse of the Western Roman Empire. It was later incorporated into the Holy Roman Empire, became an ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leipzig Standard
The Leipzig standard, sometimes called the Leipzig Mint standard, (German: ''Leipziger Fuß'') was a standard of coinage or ''Münzfuß'' originally established by the Electorate of Brandenburg in 1687 for silver coins and known as the ''12-Taler'' standard to replace the Zinna standard. History The minting of silver coins to a new standard in Electoral Brandenburg went back to the initiative of Dodo II of Innhausen and Knyphausen, who was in charge of coinage in Brandenburg from 24 September 1684. Due to the widespread increase in low-value coins, a change to the previous Zinna standard was essential. In 1686, however, their previous treaty partner, Electoral Saxony, refused to change the standard. After this, Dodo II had and ''thalers'' minted in Brandenburg to a ''12-thaler'' standard starting in 1687. Elector John George III of Saxony and the Dukes of Brunswick-Lüneburg wanted to persuade the Brandenburg Elector, Frederick III, to return to the terms of the Treaty of Z ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lose its value. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Standard
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Coinage may refer to: * Coins, standardized as currency * Neologism, coinage of a new word * ''COINage'', numismatics magazine * Tin coinage, a tax on refined tin * Protologism, coinage of a seldom used new term See also * Coining (other) * Coin (other) A coin is a small, flat, round piece of metal or plastic that is used as money. Coin or Coins may also refer to: Places France * Coin-lès-Cuvry, a municipality in Moselle * Coin-sur-Seille, a municipality in Moselle * Mont Coin, a mountain in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark (weight)
The Mark (from Middle High German: Marc, march, brand) is originally a medieval weight or mass unit, which supplanted the pound weight as a precious metals and coinage weight from the 11th century. The Mark is traditionally divided into 8 ounces or 16 lots. The Cologne mark corresponded to about 234 grams. Like the German systems, the French poids de marc weight system considered one "Marc" equal to 8 troy ounces. Just as the pound of 12 troy ounces (373 g) lent its name to the pound unit of currency, the mark lent its name to the mark unit of currency. Origin of the term The Etymological Dictionary of the German Language by Friedrich Kluge derives the word from the Proto-Germanic term ''marka'', "weight and value unit" (originally "division, shared"). The etymological dictionary by Wolfgang Pfeifer sees the Old High German ''marc'', "delimitation, sign", as the stem and assumes that ''marc'' originally meant "minting" (marking of a certain weight), later denoting the ing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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