The

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 Ger ...

was the

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 def ...

of the Electorate of

Hesse-Kassel The Landgraviate of Hesse-Kassel (german: Landgrafschaft Hessen-Kassel), spelled Hesse-Cassel during its entire existence, was a state in the Holy Roman Empire that was directly subject to the Emperor. The state was created in 1567 when the Lan ...

(or Hesse-Cassel) between 1858 and 1873. It replaced the

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 ...

at par and was replaced by the

German Mark The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was ...

at a rate of 1 Vereinsthaler = 3 Mark. The Vereinsthaler was subdivided into 30 ''

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 ...

'', each of 12 '' Heller''.

References

External links

{{Germany-hist-stub Currencies of Germany Modern obsolete currencies 1858 establishments in Germany 1873 disestablishments in Germany 1860s in Germany 19th-century economic history Electorate of Hesse