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Encyclopedia > Vereinsthaler
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The Vereinsthaler ("union thaler") was a standard silver coin used in most German states and the Austro-Hungarian Empire in the years prior to German unification. Official languages Latin, German, Hungarian Established church Roman Catholic Capital & Largest City Vienna pop. ...


Introduction

The Vereinsthaler was introduced in 1857 to replace the previous standard Thaler which was very slightly heavier. Whilst the earlier Thaler had contained one fourteenth of a Cologne mark of silver (~16.7 grams), the Vereinsthaler contained 16 2/3 grams of silver, which was indicated on the coins as one thirtieth of a pound (pfund, equal to 500 grams). Examples of German and Austrian thalers compared to a US quarter piece The Thaler was a silver coin used throughout Europe for almost four hundred years. ... The gram or gramme, symbol g, is a unit of mass, and is defined as one one-thousandth of the SI base unit kilogram (i. ... For other meanings of gram, see gram (disambiguation). ... The pound is the name of a number of units of mass or weight, all in the range of 300 to 600 grams. ...


Use in Different States

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. In Saxony, the Neugroschen was equal to the Prussian Silbergroschen but was divided into 10 Pfennig. Other north German states, such as Hannover, used the name Groschen rather than Silbergroschen for a coin of 12 Pfennig. The coat of arms of the Kingdom of Prussia, 1701-1918 The word Prussia (German: Preußen, Polish: Prusy, Lithuanian: PrÅ«sai, Latin: Borussia) has had various (often contradictory) meanings: The land of the Baltic Prussians (in what is now parts of southern Lithuania, the Kaliningrad exclave of Russia and... Jump to: navigation, search The Silbergroschen was a coin used in Prussia and several other states in northern Germany during the 19th century, worth one thirtieth of a Thaler. ... The pfennig was a small German coin valued at 1/100 of a Deutsche Mark and other German currencies with the name Mark. ... With an area of 18,413 km² and a population of 4. ... Jump to: navigation, search The Neugroschen was introduced in 1841 in Saxony. ... Map of Germany showing Hanover Hanover (in German: Hannover [haˈnoːfɐ]), on the river Leine, is the capital of the state of Lower Saxony (Niedersachsen), Germany. ... The term Grosz may also refer to George Grosz. ...


In southern Germany, states including Bavaria used the Gulden as the standard unit of account, with 1 3/4 Gulden = 1 Vereinsthaler. The Gulden was divided into 60 Kreuzer, each of 4 Pfennig or 8 Heller. The Free State of Bavaria (German: Bayern or Freistaat Bayern), with an area of 70,553 km² (27,241 square miles) and 12. ... The guilder (Dutch gulden), represented by the symbol ƒ, was the name of the currency used in the Netherlands from the 15th century until 1999, when it was replaced by the euro (coins and notes were not introduced until 2002). ... Berner Kreuzer von 1776 The Kreuzer was a silver coin and unit of currency existing in the Southern German states prior to the unification of Germany in 1870, and in Austria. ... Heller may mean: Heller (plural: Häller), a defunct unit of money in Central Europe. ...


In the Austro-Hungarian Empire, the Florin (also known as the Gulden or, in Hungarian, Forint) was the unit of account, with 1 1/2 Florin = 1 Vereinsthaler. The Florin was divided into 100 Heller. Florin may be any of these modern coins: Netherlands Antilles florin. ... Forint, or HUF (Hungarian forint) is the official currency of Hungary. ...


Withdrawal

German unification saw the inroduction of the mark at a rate of 3 mark = 1 Vereinsthaler. Consequently, the new 10 pfennig coins were equivalent to the old Groschen of northern Germany and this became a nickname for the denomination. The Vereinsthaler coins continued to circulate as 3 mark coins until 1908, when they were replaced with smaller 3 mark coins. The name Thaler for 3 marks persisted until the 1930s. // Name Originates partly from latin meaning martial. ...


Austria-Hungary also stopped issuing Vereinsthaler coins in 1867, following the Austro-Prussian War. It has been suggested that Gastein Convention be merged into this article or section. ...


 
 

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