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Reichstaler
The ''Reichsthaler'' (; modern spelling Reichstaler), or more specifically the ''Reichsthaler specie'', was a standard thaler silver coin introduced by the Holy Roman Empire in 1566 for use in all German states, minted in various versions for the next 300 years, and containing 25–26 grams fine silver. ''North German thaler, Reichsthaler'' was also the name of a currency unit worth less than the ''Reichsthaler specie'' introduced by several North German states from the 17th century; discussed separately under ''North German thaler''. Several old books confusingly use the same term ''Reichsthaler'' for the Speciesthaler, specie silver coin as well as the currency unit. This is disambiguated by referring to the full-valued coin as the ''Speciesthaler, Reichsthaler specie'' and the lower-valued currency unit as the ''Reichsthaler currency (courant, kurant)''. History The ''Reichsthaler'' – literally, the ''dollar of the realm'' – was the most successful standard silver coin re ...
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Conventionsthaler
The or ("Convention "), was a standard silver coin in the Austrian Empire and the southern German states of the Holy Roman Empire from the mid-18th to early 19th-centuries. Its most famous example is the Maria Theresa thaler which is still minted today. The was equivalent to a . History The Austrian Empire introduced the Convention currency standard in 1754 to replace the Leipzig standard of 1690, after a drop in the gold–silver price ratio from 15 to 14.5 in the 1730s unleashed a flood of cheaper defined in gold. The Leipzig standard defined the North German thaler currency unit at the specie of 25.984 g, or 19.488 g fine silver. In contrast, in 1741 the gold Friedrich d'or pistole of 6.05 g fine gold was issued for 5 . This resulted in a cheaper Thaler Gold worth 1.21 g fine gold or 1.21 × 14.5 = 17.545 g fine silver. The ( standard, 23.386 g silver) contained of a Cologne Mark and originally corresponded to exactly two ( standard, ...
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Speciesthaler
The ''Speciesthaler'', also ''Speciestaler'' or ''Speziestaler'', was a type of silver specie coin that was widespread from the 17th to the 19th century and was based on the ''9-Thaler'' standard of the original ''Reichsthaler''. In Scandinavian sources the term ''Speciesdaler'' is used and, in German sources, the abbreviation ''Species'' was also common. General The 1566 Imperial Minting Ordinance of the Holy Roman Empire stipulated that 9 ''Reichsthalers'' were to be coined a fine Cologne Mark of silver (ca. 234 g). The official ''Reichstaler'' to the ''9-Thaler'' standard thus had a calculated fine silver content of 25.984 g. ''Speciestaler'' was a common name in (Northern) Germany and Scandinavia in the 18th and 19th centuries. The suffix ''-taler'' goes back to the ''Joachimstaler'' ''Guldengroschen''. The prefix ''Species-'' goes back to the Latin word ''species'', "face" or, in Middle Latin, "bust image". ''Speciesthalers'' are mostly silver coins with an embossed head o ...
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Gutegroschen
The ''Guter Groschen'' ("good ''groschen''"), also ''Gutergroschen'' or ''Gutegroschen'', abbreviation ''Ggr.'', is name of the ''groschen'' coin that was valued at of a ''Reichsthaler'' from the end of the 16th century. It was called a "good ''groschen''" to distinguish it from the lighter ''Mariengroschen'' ("Mary's ''groschen''"), which was only valued at  ''Reichsthaler''. The term ''Guter Groschen'' remained common until the middle of the 19th century. History According to the Imperial Circle decision of 1572 the ''groschen'', which depicted an Globus cruciger, orb on the reverse side, were initially valued at 21 to the ''Reichsthaler'', but later 24. These so-called ''Apfelgroschen'' were mainly minted in Northern Germany. During the time of counterfeiting, the Kipper und Wipper, ''Kipper'' and ''Wipper'' period, they were debased. After the ''Kipper'' mints were closed, they were minted as ''Gutegroschen'' with a higher value. The ''Groschen'' name was initiall ...
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Thaler
A thaler or taler ( ; , previously spelled ) 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 , the original ''thaler'' coin minted in Joachimsthal, Bohemia, from 1520. While the first standard coin of the Holy Roman Empire was the of 1524, its longest-lived coin was the , 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 . The ''thaler'' silver coin type continued to be minted until the 20th century in the form of the Mexican peso until 1914, the five Swiss franc coin until 1928, the US silver dollar until 1935, and the Austrian Ma ...
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North German Thaler
The North German thaler was a currency used by several states of Northern Germany from 1690 to 1873, first under the Holy Roman Empire, then by the German Confederation. Originally equal to the Reichsthaler specie or silver coin from 1566 until the ''Kipper und Wipper'' crisis of 1618, a ''thaler'' currency unit worth less than the ''Reichsthaler specie'' was first defined in 1667 and became widely used after adoption of the Leipzig currency standard of 1690. After the 1840s, the different North German states made their thalers equal in value to the ''Prussian thaler''; these thalers were then made par to the ''Vereinsthaler'' in 1857. The various North German ''thalers'' and ''vereinsthalers'' were all replaced in 1873 by the ''German gold mark'' at the rate of 3 marks per ''thaler''. Several old books confusingly use the same term Reichsthaler for the ''specie silver coin'' as well as the ''currency unit''. This is disambiguated by referring to the full-valued coin as the ''Rei ...
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Reichsmünzordnung
The ''Reichsmünzordnung'' (, " imperial minting ordinance") was an attempt to unify the numerous disparate coins in use in the various states of the Holy Roman Empire in the 16th century. The ordinance was issued in several steps at Diets at Augsburg during the 1530s to 1560s, but it was never adopted entirely by all princes within the empire. A first ''Reichsmünzordnung'' was issued by Charles V in 1524 at Esslingen, declaring the Cologne Mark The Cologne mark is an obsolete unit of weight (or mass) equivalent to 233.856 grams (about 3,609 grains). The Cologne mark was in use from the 11th century onward. It came to be used as the base unit for a number of currency standards, including ... as the general standard for coin weights. But due to protests by the larger principalities of the empire, the ordinance was never implemented. In 1551, the Kreuzer was introduced as the standard for small silver coinage, with 72 Kreuzer being equivalent to a Gulden, or a silver Gul ...
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Thirty Years' War
The Thirty Years' War, fought primarily in Central Europe between 1618 and 1648, was one of the most destructive conflicts in History of Europe, European history. An estimated 4.5 to 8 million soldiers and civilians died from battle, famine, or disease, while parts of Germany reported population declines of over 50%. Related conflicts include the Eighty Years' War, the War of the Mantuan Succession, the Franco-Spanish War (1635–1659), Franco-Spanish War, the Torstenson War, the Dutch-Portuguese War, and the Portuguese Restoration War. The war had its origins in the 16th-century Reformation, which led to religious conflict within the Holy Roman Empire. The 1555 Peace of Augsburg attempted to resolve this by dividing the Empire into Catholic and Lutheran states, but the settlement was destabilised by the subsequent expansion of Protestantism beyond these boundaries. Combined with differences over the limits of imperial authority, religion was thus an important factor in star ...
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Florin
The Florentine florin was a gold coin (in Italian ''Fiorino d'oro'') struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains () of nominally pure or 'fine' gold with a purchasing power difficult to estimate (and variable) but ranging according to social grouping and perspective from approximately 140 to 1,000 modern US dollars. The name of the coin comes from the ''Giglio bottonato'' ( it), the floral emblem of the city, which is represented at the head of the coin. History The ''fiorino d'oro'' (gold florin) was minted in the Republic of Florence after the sack of Constantinople by the Fourth Crusade disrupted the minting of fine gold coins in the Byzantine Empire. It came to be accepted across Europe like the Byzantine Solidus had been. The territorial usage of the ''lira'' and the florin often overlapped; where the lira was used for smaller transactions (wages, food purchases), the florin was for la ...
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Rijksdaalder
The ''rijksdaalder'' (; "Imperial dollar") was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire (weighing 29.232 grams of 0.889 fine silver) but weighed slightly less, at 29.03 g (448 grains) of 0.885 fine silver, reduced to 0.875 fine by the 17th century. Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century. 17th century rijksdaalder was set to be equal to from 48 to 50 stuivers (the Dutch equivalent of shillings) and circulated along with silver florins (28 stuivers), daalders (30 stuivers), leeuwendaalders (36 to 42 stuivers; 27.68 g, 0.743 fine), silver ducats (48 stuivers; 28.06 g, 0.868 fine), and ducatons (60 stuivers; 32.46 g, 0.938 fine) silver duca ...
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Kipper Und Wipper
''Kipper und Wipper'' (, literally "Kipper and Wipper time") was a financial crisis during the start of the Thirty Years' War (1618–1648).Kipper und Wipper'. Rogue Traders, Rogue Princes, Rogue Bishops and the German Financial Meltdown of 1621–23"
, Mike Dash, ''Smithsonian'', March 29, 2012
Starting around 1621, city-states in the Holy Roman Empire began to heavily Debasement, debase currency in order to raise revenue for the Thirty Years' War, as effective taxation did not exist. More and more Mint (coin), mints were established until the debased metal coins were so worthless that children allegedly played with th ...
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Kurfürst August, Reichstaler 1575
The prince-electors ( pl. , , ) were the members of the Electoral College of the Holy Roman Empire, which elected the Holy Roman Emperor. Usually, half of the electors were archbishops. From the 13th century onwards, a small group of prince-electors gained the privilege of electing the King of the Romans. The king would then later be crowned Emperor by the pope. Charles V (elected in 1519) was the last emperor to be crowned (1530); his successors assumed the title "Elected Emperor of the Romans" (; ) upon their coronation as kings. The dignity of elector carried great prestige and was considered to be behind only the emperor, kings, and the highest dukes. The electors held exclusive privileges that were not shared with other princes of the Empire, and they continued to hold their original titles alongside that of elector. The heir apparent to a secular prince-elector was known as an electoral prince (). Rights and privileges Electors were rulers of (Imperial Estates), e ...
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