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Minting Rights
From the Middle Ages to the Early modern period (or even later), to have minting rights was to have "the power to mint coins and to control currency within one's own dominion." History In the Middle Ages there were at times a large number of mints, and similar coins could have different denominations depending on who minted them, but there were certain coinage regulations. In the Holy Roman Empire, the right to mint coins, known as the ''Münzrecht'', was granted by the emperor to individual feudal princes and cities. As in the Francia under Charlemagne, the empire initially minted coins itself but, from the 10th century, more and more fiefdoms and institutions were granted the right to mint coins. For example, Emperor Otto I gave minting rights to the Archbishopric of Cologne. In the 16th century, the Empire stopped minting coins itself and only specified minting regulations. Similarly, within European kingdoms, the king granted the right to mint coins. Individual monasterie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middle Ages
In the history of Europe, the Middle Ages or medieval period lasted approximately from the late 5th to the late 15th centuries, similar to the post-classical period of global history. It began with the fall of the Western Roman Empire and transitioned into the Renaissance and the Age of Discovery. The Middle Ages is the middle period of the three traditional divisions of Western history: classical antiquity, the medieval period, and the modern period. The medieval period is itself subdivided into the Early, High, and Late Middle Ages. Population decline, counterurbanisation, the collapse of centralized authority, invasions, and mass migrations of tribes, which had begun in late antiquity, continued into the Early Middle Ages. The large-scale movements of the Migration Period, including various Germanic peoples, formed new kingdoms in what remained of the Western Roman Empire. In the 7th century, North Africa and the Middle East—most recently part of the Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cluny Abbey
Cluny Abbey (; , formerly also ''Cluni'' or ''Clugny''; ) is a former Benedictine monastery in Cluny, Saône-et-Loire, France. It was dedicated to Saint Peter. The abbey was constructed in the Romanesque architectural style, with three churches built in succession from the 4th to the early 12th centuries. The earliest basilica was the world's largest church until the St. Peter's Basilica construction began in Rome. Cluny was founded by Duke William I of Aquitaine in 910. He nominated Berno as the first abbot of Cluny, subject only to Pope Sergius III. The abbey was notable for its stricter adherence to the Rule of St. Benedict, whereby Cluny became acknowledged as the leader of western monasticism. In 1790 during the French Revolution, the abbey was sacked and mostly destroyed, with only a small part surviving. Starting around 1334, the Abbots of Cluny maintained a townhouse in Paris known as the Hôtel de Cluny, which has been a public museum since 1843. Apart from the n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency. Monetary policy is a modification of the supply of money, i.e. "printing" more money, or decreasing the money supply by changing interest rates or removing excess reserves. This is in contrast to fiscal policy, which relies on taxation, government spending, and government borrowing as methods for a government to manage business cycle phenomena such as recessions. Further purposes of a monetary policy are usually to contribute to the stability of gross domestic product, to achieve and maintain low unemployment, and to maintain predictable exchange rates with other currencies. Monetary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jura Regalia
''Jura regalia'' is a medieval legal term which denoted rights that belonged exclusively to the king, either as essential to his sovereignty (''jura majora'', ''jura essentialia''), such as royal authority; or accidental (''jura minora'', ''jura accidentalia''), such as hunting, fishing and mining rights. Many sovereigns in the Middle Ages and in later times claimed the right to seize the revenues of vacant episcopal sees or abbeys, claiming a regalian right.Coredon ''Dictionary of Medieval Terms and Phrases'' p. 236 In some countries, especially in France where it was known as ''droit de régale'' (), ''jura regalia'' came to be applied almost exclusively to that assumed right. A liberty was an area in which the regalian right did not apply. Rationale It is a matter of dispute on what ground the temporal rulers claimed the revenues of vacant dioceses and abbeys. Some hold that it is an inherent right of sovereignty; others state that it is a necessary consequence of the righ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Right Of Coinage In The Holy Roman Empire
The right of coinage in the Holy Roman Empire (in German ''Münzregal'') was one of the so-called regalia (also called ''royal privileges'' or ''sovereign rights''). It consisted of the right to issue regulations governing the production and use of coins. It covered the specification of currency, the right to mint and the right to use coins and the profit from minting. It is variously referred to in English sources as the "right of coinage", "coinage regality",Hübner, Rudolf (2000). ''A History of Germanic Private Law'', New Jersey. . "regality of coinage", "minting privilege ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frederick III (HRR)
Frederick III (German: ''Friedrich III,'' 21 September 1415 – 19 August 1493) was Holy Roman Emperor from 1452 until his death. He was the fourth king and first emperor of the House of Habsburg. He was the penultimate emperor to be crowned by the pope, and the last to be crowned in Rome. Prior to his imperial coronation, he was duke of the Inner Austrian lands of Styria, Carinthia and Carniola from 1424, and also acted as regent over the Duchy of Austria from 1439. He was elected and crowned King of Germany in 1440. His reign of 53 years is the longest in the history of the Holy Roman Empire or the German Monarchy. Upon his death in 1493 he was succeeded by his son Maximilian I. During his reign, Frederick concentrated on re-uniting the Habsburg " hereditary lands" of Austria and took a lesser interest in Imperial affairs. Nevertheless, by his dynastic entitlement to Hungary as well as by the Burgundian inheritance, he laid the foundations for the later Habsburg E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwertgroschen
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seigniorage
Seigniorage , also spelled seignorage or seigneurage (from the Old French ''seigneuriage'', "right of the lord (''seigneur'') to mint money"), is the difference between the value of money and the cost to produce and distribute it. The term can be applied in two ways: * Seigniorage derived from specie (metal coins) is a tax added to the total cost of a coin (metal content and production costs) that a customer of the mint had to pay, and which was sent to the sovereign of the political region. * Seigniorage derived from notes is more indirect; it is the difference between interest earned on securities acquired in exchange for banknotes and the cost of printing and distributing the notes. "Monetary seigniorage" is where sovereign-issued securities are exchanged for newly printed banknotes by a central bank, allowing the sovereign to "borrow" without needing to repay. Monetary seigniorage is sovereign revenue obtained through routine debt monetization, including expansion of the mone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Estate
In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person. The owner of a life estate is called a "life tenant". In the combined jurisdiction of England and Wales since 1925 a freehold estate intended to be 'held' as a life interest takes effect only as an interest enjoyed in equity, specifically as an interest in possession trust. The other type of land ownership is leasehold and although most long leases are for a period of between 99 and 999 years 'leases for life' will be interpreted in often unpredictable ways as either as a licence or a lease. Principles The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colditz
Colditz () is a small town in the district of Leipzig, in Saxony, Germany. It is best known for Colditz Castle, the site of the Oflag IV-C POW camp for officers in World War II. Geography Colditz is situated in the Leipzig Bay, southeast of the city of Leipzig. The town centre is located on the banks of Zwickau Mulde river, south of its confluence with the Freiberg Mulde. The municipality had a population of 8,374 in 2020. The town Colditz consists of Colditz proper and the ''Ortsteile'' (divisions) Bockwitz, Collmen, Commichau, Erlbach, Erlln, Hausdorf, Hohnbach, Kaltenborn, Koltzschen, Lastau, Leisenau, Maaschwitz, Meuselwitz, Möseln, Podelwitz, Raschütz, Schönbach, Sermuth, Skoplau, Tanndorf, Terpitzsch, Zollwitz, Zschadraß, Zschetzsch and Zschirla. History The first record of a burgward on the Mulde river, called ''Cholidistcha'', dates to the year 1046, when Emperor Henry III dedicated it to his consort Agnes of Poitou. The name is possibly of Slavic origin. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frederick II, Elector Of Saxony
Frederick II, The Gentle (''Friedrich, der Sanftmütige''; Frederick the Gentle) (22 August 1412 – 7 September 1464) was Elector of Saxony (1428–1464) and was Landgrave of Thuringia (1440–1445). Biography Frederick was born in Leipzig, the eldest of the seven children of Frederick I, Elector of Saxony, and Catherine of Brunswick and Lunenburg. After the death of his father in 1428 he took over the government together with his younger brothers William III, Henry and Sigismund. In 1433 the Wettins finally concluded peace with the Hussites and in 1438 Frederick led Saxon forces to victory in the Battle of Sellnitz. That same year it was considered the first federal state parliament of Saxony. The parliament received the right to find together in case of innovations in fiscal matters also without summoning by the ruler. Also in 1438 it was decided that Frederick, and not his rival Bernard IV, duke of Saxe-Lauenburg, was entitled to exercise the Saxon electoral vote a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saxon Coinage
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
