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Münzmeister
In medieval and early modern Germany, the ''Münzmeister'' ("mint master", the Latin term is ''monetarius'') was the head or manager of a mint, a moneyer with responsibility for the minting of coins, or specie. His duties were defined differently at different times and places. Middle Ages The need for currency was relatively low during Merovingian times. The ''Münzmeister'' produced coins in small workshops, either working alone or with the help of a few assistants, and handled the precious metals required. During Carolingian times, minting became the task of royally appointed officials. During the High Middle Ages, they were replaced by the ''Münzerhausgenossenschaft'', or minting house cooperative. Its members came from the ranks of rich burghers: usually merchants, precious-metal traders, moneychangers or goldsmiths, who in turn appointed one out of their ranks as the ''Münzmeister'', the mintmaster. For their effort, the members of the cooperative were due a share of minting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Münzwardein
In medieval and Renaissance Germany, the Münzwardein ("assayer", lit. "mint-warden") was the title of an official whose duties included supervising the Münzmeister and the stock of precious metals used in mint (coin), minting. He was responsible for the quality of alloys and the accuracy of weights and measures. The Münzwardein was commissioned by the highest authority (generally a Fürst, prince or a bishop). He was therefore the official representative of his principal in discharging his duty as an inspector of precious metals and precious metal goods in trade. It was his duty to produce weights used in minting and often he would also be charged with the safekeeping of minting irons when they were not used in producing Coin, specie. ''Wardein'' (or ''Guardein'') is a loan from Old North French ''wardien'', Dutch ''wardijn'', adopted around 1400 in the Rhineland, as English '':wikt:warden, warden'' ultimately from the Old Frankish ''*warding-''. The Romance and Low German ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (coin)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master Of The Mint
Master of the Mint is a title within the Royal Mint given to the most senior person responsible for its operation. It was an important office in the governments of Scotland and England, and later Great Britain and then the United Kingdom, between the 16th and 19th centuries. Until 1699, appointment was usually for life. Its holder occasionally sat in the cabinet. During the interregnum (1643–1660) the last Master of the Mint to King Charles, Sir Robert Harley, transferred his allegiance to Parliament and remained in office. After his death in 1656 Aaron Guerdon was appointed. In 1870 the role was amalgamated into the office of the Chancellor of the Exchequer, making the Chancellor, by virtue of his position, the Master of the Mint. The duty of running the mint was given to the Deputy Master of the Mint; who is now the mint's Chief Executive. Masters of the Mint in England *1331 Richard de Snowshill and Richard of Grimsby *1351–? Henry de Bruselee and John Chichester Go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moneyer
A moneyer is a private individual who is officially permitted to mint money. Usually the rights to coin money are bestowed as a concession by a state or government. Moneyers have a long tradition, dating back at least to ancient Greece. They became most prominent in the Roman Republic, and continued into the Empire. In Rome the position of Triumvir Monetalis, held by three people at a time, was a minor magistracy awarded by the Senate, often the first office held by a young politician. Marcus Aurelius is one famous example; John Hull is another with his founding of the Hull Mint for the Massachusetts Bay Colony. Moneyers were not limited to the ancient world. When European coinage was revived during the Middle Ages, moneyers again were trusted to create currency on behalf of kings and potentates. For a large part of that era, virtually all coins in circulation were silver pennies, and these often bore the name or other identification of the moneyer.Grierson et al. 2007 See a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merovingian
The Merovingian dynasty () was the ruling family of the Franks from the middle of the 5th century until 751. They first appear as "Kings of the Franks" in the Roman army of northern Gaul. By 509 they had united all the Franks and northern Gaulish Romans under their rule. They conquered most of Gaul, defeating the Visigoths (507) and the Burgundians (534), and also extended their rule into Raetia (537). In Germania, the Alemanni, Bavarii and Saxons accepted their lordship. The Merovingian realm was the largest and most powerful of the states of western Europe following the breaking up of the empire of Theodoric the Great. The dynastic name, medieval Latin or ("sons of Merovech"), derives from an unattested Frankish form, akin to the attested Old English , with the final -''ing'' being a typical Germanic patronymic suffix. The name derives from King Merovech, whom many legends surround. Unlike the Anglo-Saxon royal genealogies, the Merovingians never claimed descent from a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carolingian
The Carolingian dynasty (; known variously as the Carlovingians, Carolingus, Carolings, Karolinger or Karlings) was a Frankish noble family named after Charlemagne, grandson of mayor Charles Martel and a descendant of the Arnulfing and Pippinid clans of the 7th century AD. The dynasty consolidated its power in the 8th century, eventually making the offices of mayor of the palace and '' dux et princeps Francorum'' hereditary, and becoming the ''de facto'' rulers of the Franks as the real powers behind the Merovingian throne. In 751 the Merovingian dynasty which had ruled the Germanic Franks was overthrown with the consent of the Papacy and the aristocracy, and Pepin the Short, son of Martel, was crowned King of the Franks. The Carolingian dynasty reached its peak in 800 with the crowning of Charlemagne as the first Emperor of the Romans in the West in over three centuries. His death in 814 began an extended period of fragmentation of the Carolingian Empire and decline that w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bourgeoisie
The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. They are sometimes divided into a petty (), middle (), large (), upper (), and ancient () bourgeoisie and collectively designated as "the bourgeoisie". The bourgeoisie in its original sense is intimately linked to the existence of cities, recognized as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In Marxist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialization and whose societal concerns are the value of property and the preservation of capital to ensure the perpetuation of their economic supremacy in society. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seignorage
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 money ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Modernity
Modernity, a topic in the humanities and social sciences, is both a historical period (the modern era) and the ensemble of particular socio-cultural norm (social), norms, attitudes and practices that arose in the wake of the Renaissancein the "Age of Enlightenment, Age of Reason" of 17th-century thought and the 18th-century "Age of Enlightenment, Enlightenment". Some commentators consider the era of modernity to have ended by 1930, with World War II in 1945, or the 1980s or 1990s; the following era is called postmodernity. The term "contemporary history" is also used to refer to the post-1945 timeframe, without assigning it to either the modern or postmodern era. (Thus "modern" may be used as a name of a particular era in the past, as opposed to meaning "the current era".) Depending on the field, "modernity" may refer to different time periods or qualities. In historiography, the 16th to 18th centuries are usually described as early modern, while the long 19th century correspond ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warden Of The Mint
Warden of the Mint was a high-ranking position at the Royal Mint in England from 1216 to 1829. The warden was responsible for a variety of minting procedures and acted as the immediate representative of the current monarch inside the mint. The role of warden changed greatly through history with the original task being the receiving, assay and payment for bullion, while later evolving into more of an administerial role. The office received a yearly emolument of £500 and up until 1685 wardens were given tenure meaning many wardens died while in office. Although technically subordinate to the Master of the Mint whose jobs was act as a contractor to the crown many wardens advanced later on to become Master of the Mint with some wardens holding both offices at the same time. The most illustrious holder of the office of Warden of the Mint was Isaac Newton, who was warranted to this position on the recommendation of his friend, Montagu, Chancellor of the Exchequer in 1698. In 1699 how ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Titles
A title is one or more words used before or after a person's name, in certain contexts. It may signify either generation, an official position, or a professional or academic qualification. In some languages, titles may be inserted between the first and last name (for example, ''Graf'' in German, Cardinal in Catholic usage (Richard Cardinal Cushing) or clerical titles such as Archbishop). Some titles are hereditary. Types Titles include: * Honorific titles or styles of address, a phrase used to convey respect to the recipient of a communication, or to recognize an attribute such as: ** Imperial, royal and noble ranks ** Academic degree ** Social titles, prevalent among certain sections of society due to historic or other reasons. ** Other accomplishment, as with a title of honor * Title of authority, an identifier that specifies the office or position held by an official Titles in English-speaking areas Common titles * Mr. – Adult man (regardless of marital status) * Ms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
