Neugroschen
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Neugroschen
The ''Neugroschen'' ("new ''groschen''", abbreviation ''Ngr.'') was a Saxon '' Scheidemünze'' coin minted from 1841 to 1873 which had the inscription ''Neugroschen''. This ''groschen'', made of billon, was equivalent to the Prussian ''groschen'' but, unlike the latter, was divided not into 12, but into 10 ''pfennigs''. History In 1838, the Kingdom of Saxony joined the Dresden Coinage Convention and minted 233.855 g of silver from the fine mark to the Prussian Graumann mint standard as follows: the ''14 Thaler'' standard: * 7 Double ''Thaler'' = 14 Thaler ** 1 ''Thaler'' = 30 ''neugroschen'' = 300 ''pfennigs'' ** 1 ''Neugroschen'' = 10 ''Pfennig'' From 1857 to 1873 they were minted to the ''30 Thaler'' standard. The basic coin weight was the ''Zollpfund'' ("customs pound") at 500 g:Arnold (1997), p. 256 * 1 pound of fine silver = 30 ''Vereinsthaler The Vereinsthaler (, ''union thaler'') was a standard silver coin used in most German states and the Austrian Empi ...
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Groschen
Groschen (; from la, grossus "thick", via Old Czech ') a (sometimes colloquial) name for various coins, especially a silver coin used in various states of the Holy Roman Empire and other parts of Europe. The word is borrowed from the late Latin description of a tornose, a ''grossus denarius Turnosus,'' in English the "thick denarius of Tours". Groschen was frequently abbreviated in old documents to ''gl'', whereby the second letter was not an '' l'' (12th letter of the alphabet), but an abbreviation symbol; later it was written as ''Gr'' or ''g''. Names and etymology The name was introduced in 13th-century France as ', lit. "thick penny", whence Old French ', Italian ', Middle High German ', Low German and Dutch ' and English '' groat''. In the 14th century, it appeared as Old Czech ', whence Modern German '. Names in other modern European languages include: * sq, grosh * Church Slavonic-derived languages: Bulgarian, Macedonian, Russian and Serbo-Croatian ('), Ukrain ...
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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 ...
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Kingdom Of Saxony
The Kingdom of Saxony (german: Königreich Sachsen), lasting from 1806 to 1918, was an independent member of a number of historical confederacies in Napoleonic through post-Napoleonic Germany. The kingdom was formed from the Electorate of Saxony. From 1871, it was part of the German Empire. It became a free state in the era of Weimar Republic in 1918 after the end of World War I and the abdication of King Frederick Augustus III of Saxony. Its capital was the city of Dresden, and its modern successor state is the Free State of Saxony. History Napoleonic era and the German Confederation Before 1806, Saxony was part of the Holy Roman Empire, a thousand-year-old entity that had become highly decentralised over the centuries. The rulers of the Electorate of Saxony of the House of Wettin had held the title of elector for several centuries. When the Holy Roman Empire was dissolved in August 1806 following the defeat of Emperor Francis II by Napoleon at the Battle of Austerlitz, th ...
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Scheidemünze
''Scheidemünzen'' (singular – ''Scheidemünze'') were representative coins or token coins issued alongside '' Kurantgeld'' or currency money in Austria and Germany up to start of the First World War in August 1914 whose intrinsic metal value was less than the legal value stamped on them. Like ''Notgeld'' ("emergency money") they were a kind of credit money or fiat coin. The term ''Scheidemünze'' ("division money") referred to the "division into hellers and pfennigs during the purchase process" ("Scheiden auf ''Heller und Pfennig'' beim Kaufvorgang"). It thus applied to the low- to medium-value coins and is often translated as small change coin, small-coin change or just small coin. Since 1915, all coins minted in Germany, including the current euro coins have been ''Scheidemünzen'' or fiat money as opposed to currency or commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or u ...
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Billon (alloy)
Billon () is an alloy of a precious metal (most commonly silver, but also gold) with a majority base metal content (such as copper). It is used chiefly for making coins, medals, and token coins. The word comes from the French ''bille'', which means "log". History The use of billon coins dates from ancient Greece and continued through the Middle Ages. During the sixth and fifth centuries BC, some cities on Lesbos used coins made of 60% copper and 40% silver. In both ancient times and the Middle Ages, leaner mixtures were adopted, with less than 2% silver content. Billon coins are perhaps best known from the Roman Empire, where progressive debasements of the Roman ''denarius'' and the Roman provincial ''tetradrachm'' in the second century AD led to declining silver and increasing bronze content in these denominations of coins. Eventually, by the third quarter of the second century AD, these coins were almost entirely bronze, with only a thin coating or even a wash of silver. ...
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Kingdom Of Prussia
The Kingdom of Prussia (german: Königreich Preußen, ) was a German kingdom that constituted the state of Prussia between 1701 and 1918.Marriott, J. A. R., and Charles Grant Robertson. ''The Evolution of Prussia, the Making of an Empire''. Rev. ed. Oxford: Clarendon Press, 1946. It was the driving force behind the unification of Germany in 1871 and was the leading state of the German Empire until its dissolution in 1918. Although it took its name from the region called Prussia, it was based in the Margraviate of Brandenburg. Its capital was Berlin. The kings of Prussia were from the House of Hohenzollern. Brandenburg-Prussia, predecessor of the kingdom, became a military power under Frederick William, Elector of Brandenburg, known as "The Great Elector". As a kingdom, Prussia continued its rise to power, especially during the reign of Frederick II, more commonly known as Frederick the Great, who was the third son of Frederick William I.Horn, D. B. "The Youth of Frederick ...
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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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Dresden Coinage Convention
The Dresden Coinage Convention of 1838 was a multilateral treaty that attempted to bring some degree of standardisation to the currencies used in the ''Zollverein''. The convention was agreed to at the General Mint Convention of the States of the German Customs Union or ''Zollverein'', held at Dresden. The conference had been prompted in part by the Munich Coin Treaty of 1837, by which the south German states adopted a unified currency. The Dresden Treaty was concluded on 30 July 1838 and was ratified by the States of the Zollverein at a follow-up meeting on 7 January 1839. The contracting parties to the convention agreed to use either the Prussian thaler or the gulden; the treaty established permanently fixed exchange rates between the two currencies. The thaler was agreed to be equal to 1.75 gulden and thus the gulden was agreed to be equal to 4/7 thaler. The parties to the treaty were the states that at the time were members of the Zollverein: Baden, Bavaria, Frankfurt, Hes ...
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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 ...
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Thaler
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 1 ounce). The word is shortened from ''Joachimsthaler'', the original ''thaler'' coin minted in Joachimstal, 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 form of the Mexican peso until 1914, the five S ...
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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 ...
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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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