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Konventionsfuß
A ''Konventionsfuß'' ("convention standard", lit.: "convention foot") was a coinage standard established by state treaty, the convention. The first one was between Austria and a number of German states of the Holy Roman Empire in the mid-18th century. This Convention determined that 20 ''gulden'' or 10 ''Speziesthaler'' (i.e. 1 Thaler = 2 Austrian ''gulden'') be minted from a single Cologne Mark (weight), ''mark'' of fine silver. Since the Cologne ''mark'' weighed approximately 233 g (with regional variants), one ''gulden'' had a fine weight of 11.69 g of silver. The money minted to this standard was called the Convention ''thaler'' (''Konventionsthaler'') or Convention coin (''Konventionsmünze''). This designation was retained even after the states that had been party to the Convention, with the exception of Austria, had switched to a different standard. History Austria had left the Leipzig standard (at 12 ''thalers'' or 18 ''gulden'' to a fine ''mark'') in 1747 and f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Konventionstaler
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Standards
Coinage may refer to: * Coins, standardized as currency * Coining (mint), the process of manufacturing coins * '' COINage'', a numismatics magazine * Tin coinage, a tax on refined tin * Coinage, a protologism or neologism In linguistics, a neologism (; also known as a coinage) is any newly formed word, term, or phrase that has achieved popular or institutional recognition and is becoming accepted into mainstream language. Most definitively, a word can be considered ... See also * Coin (other) * Coining (other) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saxony
Saxony, officially the Free State of Saxony, is a landlocked state of Germany, bordering the states of Brandenburg, Saxony-Anhalt, Thuringia, and Bavaria, as well as the countries of Poland and the Czech Republic. Its capital is Dresden, and its largest city is Leipzig. Saxony is the List of German states by area, tenth largest of Germany's sixteen states, with an area of , and the List of German states by population, sixth most populous, with more than 4 million inhabitants. The term Saxony (other), Saxony has been in use for more than a millennium. It was used for the medieval Duchy of Saxony, the Electorate of Saxony of the Holy Roman Empire, the Kingdom of Saxony, and twice for a republic. The first Free State of Saxony was established in 1918 as a constituent state of the Weimar Republic. After World War II, it was under Soviet occupation before it became part of communist East Germany and was abolished by the government in 1952. Following German reunificat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bavaria
Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total land area of Germany, and with over 13.08 million inhabitants, it is the list of German states by population, second most populous German state, behind only North Rhine-Westphalia; however, due to its large land area, its population density is list of German states by population density, below the German average. Major cities include Munich (its capital and List of cities in Bavaria by population, largest city, which is also the list of cities in Germany by population, third largest city in Germany), Nuremberg, and Augsburg. The history of Bavaria includes its earliest settlement by Iron Age Celts, Celtic tribes, followed by the conquests of the Roman Empire in the 1st century BC, when the territory was incorporated into the provinces of Ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leipzig Standard
The Leipzig standard, sometimes called the Leipzig Mint standard, (German: ''Leipziger Fuß'') was a standard of coinage or '' Münzfuß'' originally established by the Electorate of Brandenburg in 1687 for silver Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. ... coins and known as the ''12-Taler'' standard to replace the Zinna standard. History The minting of silver coins to a new standard in Electoral Brandenburg went back to the initiative of Dodo II of Innhausen and Knyphausen, who was in charge of coinage in Brandenburg from 24 September 1684. Due to the widespread increase in low-value coins, a change to the previous Zinna standard was essential. In 1686, however, their previous treaty partner, Electoral Saxony, refused to change the standard. After this, Dodo II had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Standard
Coinage may refer to: * Coins, standardized as currency * Coining (mint), the process of manufacturing coins * '' COINage'', a numismatics magazine * Tin coinage, a tax on refined tin * Coinage, a protologism or neologism In linguistics, a neologism (; also known as a coinage) is any newly formed word, term, or phrase that has achieved popular or institutional recognition and is becoming accepted into mainstream language. Most definitively, a word can be considered ... See also * Coin (other) * Coining (other) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver
Silver is a chemical element; it has Symbol (chemistry), symbol Ag () and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native metal, native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark (weight)
The Mark (from Middle High German: Marc, march, brand) is originally a medieval weight or mass unit, which supplanted the pound weight as a precious metals and coinage weight in parts of Europe in the 11th century. The Mark is traditionally divided into 8 ounces or 16 lots. The Cologne mark corresponded to about 234 grams. Like the German systems, the French poids de marc weight system considered one "Marc" equal to 8 troy ounces. Just as the pound of 12 troy ounces (373 g) lent its name to the pound unit of currency, the mark lent its name to the mark unit of currency. Origin of the term The Etymological Dictionary of the German Language by Friedrich Kluge derives the word from the Proto-Germanic term ''marka'', "weight and value unit" (originally "division, shared"). The etymological dictionary by Wolfgang Pfeifer sees the Old High German ''marc'', "delimitation, sign", as the stem and assumes that ''marc'' originally meant "minting" (marking of a certain weight ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
