Silbergroschen
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Silbergroschen
The ''Silbergroschen'' was a coin used in Prussia and several other German Confederation states in northern Germany during the 19th century, worth one thirtieth of a Thaler.Friedrich von Schrötter: ''Wörterbuch der Münzkunde.'' 2nd edn. 1970, p. 636. The first ''Silbergroschen'' was issued by the Electorate of Saxony in 1475. This series ended in the 1550s, but the coin was reintroduced in Prussia in 1821 and was adopted by over a dozen other kingdoms, duchies and principalities as they switched to using the Prussian currency system of 12 ''Pfennig'' = 1 ''Silbergroschen'', 30 ''Silbergroschen'' = 1 ''Thaler'' (name changed to ''Vereinsthaler'' after 1857). ''Silbergroschen'' were replaced with 10 ''Pfennig'' pieces when the German Empire decimalized following unification in 1871. References See also *Saxon coin history The history of Saxon coinage or Meissen-Saxon coinage comprises three major periods: the high medieval regional pfennig period (bracteate period), the ...
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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 ...
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Coin
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest va ...
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Prussia
Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by an Allied decree in 1947. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, Berlin, decisively shaped the history of Germany. In 1871, Prussian Minister-President Otto von Bismarck united most German principalities into the German Empire under his leadership, although this was considered to be a " Lesser Germany" because Austria and Switzerland were not included. In November 1918, the monarchies were abolished and the nobility lost its political power during ...
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German Confederation
The German Confederation (german: Deutscher Bund, ) was an association of 39 predominantly German-speaking sovereign states in Central Europe. It was created by the Congress of Vienna in 1815 as a replacement of the former Holy Roman Empire, which had been dissolved in 1806. The Confederation had only one organ, the Federal Convention (also Federal Assembly or Confederate Diet). The Convention consisted of the representatives of the member states. The most important issues had to be decided on unanimously. The Convention was presided over by the representative of Austria. This was a formality, however, the Confederation did not have a head of state, since it was not a state. The Confederation, on the one hand, was a strong alliance between its member states because federal law was superior to state law (the decisions of the Federal Convention were binding for the member states). Additionally, the Confederation had been established for eternity and was impossible to dissolve ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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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 fi ...
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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 ...
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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 "c ...
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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 ...
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German Empire
The German Empire (),Herbert Tuttle wrote in September 1881 that the term "Reich" does not literally connote an empire as has been commonly assumed by English-speaking people. The term literally denotes an empire – particularly a hereditary empire led by an emperor, although has been used in German to denote the Roman Empire because it had a weak hereditary tradition. In the case of the German Empire, the official name was , which is properly translated as "German Empire" because the official position of head of state in the constitution of the German Empire was officially a "presidency" of a confederation of German states led by the King of Prussia who would assume "the title of German Emperor" as referring to the German people, but was not emperor of Germany as in an emperor of a state. –The German Empire" ''Harper's New Monthly Magazine''. vol. 63, issue 376, pp. 591–603; here p. 593. also referred to as Imperial Germany, the Second Reich, as well as simply Germany, ...
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Saxon Coin History
The history of Saxon coinage or Meissen-Saxon coinage comprises three major periods: the high medieval regional pfennig period (bracteate period), the late medieval pfennig period and the thaler period, which ended with the introduction of the mark in 1871/72. Rich silver deposits, which were discovered near Freiberg after the middle of the 12th century, helped Saxony to a leading position in German coinage. The Saxon pfennigs ('' Sachsenpfennige'') minted in eastern Saxony are also included, as described in Walther Haupt's ''Sächsischer Münzkunde'' ("Saxon Coinage"). They were minted on the basis of the Carolingian monetary reform, on which the oldest Meissen coinage is based. The different names of these pfennig types indicate a still unclear position within medieval numismatics. ''Hochrandpfennig'' (''Sachsenpfennig'') The 10th and 11th century pfennig type known as the Saxon pfennig ('' Sachsenpfennig'') with a raised edge is the most common pfennig type of this t ...
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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 ...
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