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Austro-Hungarian Gulden
The Austro-Hungarian gulden ( German), also known as the florin ( German & Croatian), forint ( Hungarian; ), or zloty (; ; ), was the currency of the lands of the House of Habsburg between 1754 and 1892 (known as the Austrian Empire from 1804 to 1867 and the Austro-Hungarian Monarchy after 1867), when it was replaced by the Austro-Hungarian krone as part of the introduction of the gold standard. In Austria, the gulden was initially divided into 60 kreuzers (German; ; ; ; ; ). The currency was decimalized in 1857, using the same names for the unit and subunit. Name The name ''Gulden'' was used on pre-1867 Austrian banknotes and on the German language side of the post-1867 banknotes. In southern Germany, the word Gulden was the standard word for a major currency unit. After 1867 Austrian coins used the name ''Florin''. "Florin" is derived from the city of Florence, Italy where the first florins were minted, from 1252 to 1533. History The gulden first emerged as a common curre ...
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Austria-Hungary
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe#Before World War I, Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Dissolution of Austria-Hungary#Dissolution, Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russian Empire, Russia) and the third-most populous (afte ...
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Italy
Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land border, as well as List of islands of Italy, nearly 800 islands, notably Sicily and Sardinia. Italy shares land borders with France to the west; Switzerland and Austria to the north; Slovenia to the east; and the two enclaves of Vatican City and San Marino. It is the List of European countries by area, tenth-largest country in Europe by area, covering , and the third-most populous member state of the European Union, with nearly 59 million inhabitants. Italy's capital and List of cities in Italy, largest city is Rome; other major cities include Milan, Naples, Turin, Palermo, Bologna, Florence, Genoa, and Venice. The history of Italy goes back to numerous List of ancient peoples of Italy, Italic peoples—notably including the ancient Romans, ...
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Heller (coin)
The ''Heller'', abbreviation ''hlr'', was a coin, originally valued at half a pfennig, that was issued in Switzerland and various states of the Holy Roman Empire, surviving in some European countries until the 20th century. It was first recorded in 1200 or 1208 though according to Reiner Hausherr, it may have existed as early as 1189. The ''hellers'' were gradually so debased that they were no longer silver coins. There were 576 ''hellers'' in a '' Reichsthaler'' ("imperial ''thaler''"). After the Second World War, ''hellers'' only survived in Czechoslovakia and Hungary. The ''heller'' also existed as a silver unit of weight equal to of a ''Mark''. During the interwar period, Notgeld (emergency paper money) was issued in Germany, Austria, and Liechtenstein and was denominated in hellers. Name The ''Heller'', also called the Haller or Häller (), in Latin sources: ''denarius hallensis'' or ''hallensis denarius'', derives its name from the city of Hall am Kocher (today Schw� ...
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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 oth ...
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Ducat
The ducat ( ) coin was used as a trade coin in Europe from the later Middle Ages to the 19th century. Its most familiar version, the gold ducat or sequin containing around of 98.6% fine gold, originated in Venice in 1284 and gained wide international acceptance over the centuries. Similarly named silver ducatons also existed. The gold ducat circulated along with the Florentine florin and preceded the modern British pound sterling. Predecessors The word ''ducat'' is from Medieval Latin ''ducalis'' = "relating to a duke (or dukedom)", and initially meant "duke's coin" or a "duchy's coin". The first issue of scyphate billon coins modelled on Byzantine ''trachea'' was made by King Roger II of Sicily as part of the Assizes of Ariano (1140). It was to be a valid issue for the whole kingdom. The first issue bears the figure of Christ and the Latin inscription ''Sit tibi, Christe, datus, quem tu regis iste ducatus'' (meaning "O Christ, let this duchy, which you rule, be dedi ...
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Groschen
Groschen (; from "thick", via Old Czech ') is the (sometimes colloquial) name for various coins, especially a silver coin used in parts of Europe including Kingdom of France, France, some of the Italian states, and various states of the Holy Roman Empire. The word is borrowed from the late Latin , , a description of a ''tornese''. ''Groschen'' was frequently abbreviated in old documents to ''gl'', in which the second character was not an ''L'' (12th letter of the alphabet), but an abbreviation symbol; later it was written as ''Gr'' or ''g''. Names and etymology The name was introduced in 13th-century France as ', lit. "thick French denier, penny", whence Old French ', Italian ', Middle High German ', Low German and Dutch ' and English ''groat (coin), groat''. In the 14th century, it appeared as Old Czech ', whence Modern German '. Names in other modern languages include: * * * * Bulgarian language, Bulgarian, Macedonian language, Macedonian, Russian language, Russi ...
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Pfenig
The pfennig (; . 'pfennigs' or 'pfennige' ; symbol pf or ₰) or penny is a former German coin or note, which was an official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West Germany and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- or ''-inc'' suffix was used, in addition to ''-ung'', the for ...
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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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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 the Lübeck monetary system, which was important in northern Europe in the late Middle Ages, and the coinage systems of the Holy Roman Empire, most significantly the 1754 conventionsthaler, defined as of a Cologne mark. The conventionsthaler replaced the reichsthaler, of a Cologne mark. The mark is defined as half a Cologne ( pound). A is divided into 16 ( ounces) of 29.23 grams (about 451 grains). Each is subdivided into 2 , 8 , and 32 . This ounce is the basis of several other pounds, including in England the Tower pound (12 ounces), the merchant's pound (15 ounces), and the London pound (16 ounces). The Cologne (2 marks) should not be confused with the of around 350 grams, 5400 grains, used in the Nuremberg apothecaries' s ...
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Reichsthaler
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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Guldengroschen
The ''Guldengroschen'' or ''Guldiner'' was a large silver coin originally minted in Tirol in 1486, but which was introduced into the Duchy of Saxony in 1500. The name "''Guldengroschen''" came from the fact that it has an equivalent denomination value in silver relative to that of the '' goldgulden'' (60 '' kreuzer''). In the latter years of the 1470s and early years of the 1480s Sigismund of Austria issued decrees that reformed the poor state of his region's coinage by improving the silver fineness back to a level not seen in centuries (.937 pure) and created denominations larger than the ubiquitous, but fairly low valued ''Groschen'' of 4 to 6 '' Kreuzer'' that were in use. In 1484, small numbers of "half ''guldengroschens''" valued at 30 kreuzer were issued. This was a revolutionary leap in denomination from the smaller pieces, and surpassed even the large '' testones'' of Italy which were the highest weight coins in use. Finally, in 1486 the full sized ''guldengroschen'' ...
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