Saxon Thaler
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Saxon Thaler
The North German thaler was the currency of the Electorate and Kingdom of Saxony until 1857. Between 1754 and 1841, it was equal to three quarters of a Conventionsthaler and was subdivided into 24 Groschen, each of 12 Pfennig. In 1841, Saxony partially decimalized, dividing the Thaler (now equal to the Prussian Thaler) into 30 Neugroschen, each of 10 Pfennig. The Thaler was replaced by the Vereinsthaler at par. The duchies of Saxe-Altenburg and Saxe-Coburg-Gotha also issued coinage according to the Saxon system, from 1841 and 1837, respectively. References * See also *Reichsmünzordnung The ''Reichsmünzordnung'' (, "imperial minting ordinance") was an attempt to unify the numerous disparate coins in use in the various states of the Holy Roman Empire in the 16th century. The ordinance was issued in several steps at Diets at Aug ... Currencies of Germany Electorate of Saxony 1857 disestablishments in Germany Coins of the Holy Roman Empire {{Germany-hist-stub ...
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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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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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U+20B0 GERMAN PENNY SIGN
U or u, is the twenty-first and sixth-to-last letter and fifth vowel letter of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''u'' (pronounced ), plural ''ues''. History U derives from the Semitic waw, as does F, and later, Y, W, and V. Its oldest ancestor goes to Egyptian hieroglyphics, and is probably from a hieroglyph of a mace or fowl, representing the sound v.html"_;"title="Voiced_labiodental_fricative.html"_;"title="nowiki/>Voiced_labiodental_fricative">v">Voiced_labiodental_fricative.html"_;"title="nowiki/>Voiced_labiodental_fricative">vor_the_sound_[Voiced_labial–velar_approximant.html" ;"title="Voiced_labiodental_fricative">v.html" ;"title="Voiced_labiodental_fricative.html" ;"title="nowiki/>Voiced labiodental fricative">v">Voiced_labiodental_fricative.html" ;"title="nowiki/>Voiced labiodental fricative">vor the sound [Voiced labial–velar approximant" ...
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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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Electorate Of Saxony
The Electorate of Saxony, also known as Electoral Saxony (German: or ), was a territory of the Holy Roman Empire from 1356–1806. It was centered around the cities of Dresden, Leipzig and Chemnitz. In the Golden Bull of 1356, Emperor Charles IV designated the Duchy of Saxe-Wittenberg an electorate, a territory whose ruler was one of the prince-electors who chose the Holy Roman emperor. After the extinction of the male Saxe-Wittenberg line of the House of Ascania in 1422, the duchy and the electorate passed to the House of Wettin. The electoral privilege was tied only to the Electoral Circle, specifically the territory of the former Duchy of Saxe-Wittenberg. In the 1485 Treaty of Leipzig, the Wettin noble house was divided between the sons of Elector Frederick II into the Ernestine and Albertine lines, with the electoral district going to the Ernestines. In 1547, when the Ernestine elector John Frederick I was defeated in the Schmalkaldic War, the electoral district and el ...
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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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Conventionsthaler
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 ...
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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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Saxon Vereinsthaler
The Vereinsthaler was the currency of the Kingdom of Saxony 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 Neugroschen, each of 10 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, i .... Currencies of Germany 1857 establishments in Germany 1873 disestablishments in Germany 19th-century economic history {{Germany-hist-stub ...
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Saxe-Altenburg
Saxe-Altenburg (german: Sachsen-Altenburg, links=no) was one of the Saxon duchies held by the Ernestine branch of the House of Wettin in present-day Thuringia. It was one of the smallest of the German states with an area of 1323 square kilometers and a population of 207,000 (1905) of whom about one fifth resided in the capital, Altenburg. The territory of the duchy consisted of two non-contiguous territories separated by land belonging to the Principality of Reuss. Its economy was based on agriculture, forestry, and small industry. The state had a constitutional monarchical form of government with a parliament composed of thirty members chosen by male taxpayers over 25 years of age. History The duchy had its origins in the medieval Burgraviate of Altenburg in the Imperial Pleissnerland ''(Terra Plisensis)'', a possession of the Wettin Margraves of Meissen since 1243. Upon a partition treaty of 1485, Altenburg fell to Ernst, Elector of Saxony, the progenitor of the Ernestine We ...
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Saxe-Coburg-Gotha
Saxe-Coburg and Gotha (german: Sachsen-Coburg und Gotha), or Saxe-Coburg-Gotha (german: Sachsen-Coburg-Gotha, links=no ), was an Ernestine, Thuringian duchy ruled by a branch of the House of Wettin, consisting of territories in the present-day states of Thuringia and Bavaria in Germany. It lasted from 1826 to 1918. In November 1918, Charles Edward, Duke of Saxe-Coburg and Gotha, was forced to abdicate. In 1920, the northern part of the duchy (since 1918 the Free State of Gotha; culturally and linguistically Thuringian) was merged with six other Thuringian free states to form the Free State of Thuringia: Saxe-Weimar-Eisenach (until 1918 a grand duchy), Saxe-Altenburg and Saxe-Meiningen (until 1918 duchies), Schwarzburg-Rudolstadt and Schwarzburg-Sondershausen (until 1918 principalities), as well as the People's State of Reuss (until 1918 the principalities of Reuss-Gera and Reuss-Greiz). The southern part of the duchy (since 1918 the Free State of Coburg; culturally and ling ...
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