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 of the
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 Saxon ...
between 1857 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
Mark
Mark may refer to:
Currency
* Bosnia and Herzegovina convertible mark, the currency of Bosnia and Herzegovina
* East German mark, the currency of the German Democratic Republic
* Estonian mark, the currency of Estonia between 1918 and 1927
* Fi ...
at a rate of 1 Vereinsthaler = 3 Mark. The Vereinsthaler was subdivided into 30
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 ''grosche ...
, 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