Silbergroschen
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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. 636. The first ''Silbergroschen'' was issued by the Electorate of Saxony in 1475. This series ended in the 1550s, but the coin was reintroduced in Prussia in 1821 and was adopted by over a dozen other kingdoms, duchies and principalities as they switched to using the Prussian currency system of 12 ''Pfennig'' = 1 ''Silbergroschen'', 30 ''Silbergroschen'' = 1 ''Thaler'' (name changed to ''Vereinsthaler'' after 1857). ''Silbergroschen'' were replaced with 10 ''Pfennig'' pieces when the German Empire decimalized following unification in 1871. References See also *Saxon coin history The history of Saxon coinage or Meissen-Saxon coinage comprises three major periods: the high medieval regional pfennig period (bracteate period), the ...
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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 German thaler, many of which were already set at par with the Prussian thaler. While the earlier Prussian Thaler was slightly heavier at th a Cologne mark of fine silver (16.704 grams), the Vereinsthaler contained grams of silver, which was indicated on the coins as one thirtieth of a metric pound (Pfund, equal to 500 grams). Distribution The Vereinsthaler was used as the base for several different currencies. In Prussia and several other northern German states, the Vereinsthaler was the standard unit of account, divided into 30 Silbergroschen, each of 12 Pfennig. See Prussian Vereinsthaler. In Saxony, the Neugroschen was equal to the Prussian Silbergroschen but was divided into 10 Pfennig. See Saxon Vereinsthaler. Some other ...
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