Saxon vereinsthaler
Encyclopedia
The Vereinsthaler
was the currency of Saxony
between 1857 and 1873. It replaced the Thaler
at par and was replaced by the Mark
at a rate of 1 Vereinsthaler = 3 Mark. The Vereinsthaler was subdivided into 30 Neugroschen
, each of 10 Pfennig
.
Vereinsthaler
The Vereinsthaler was a standard silver coin used in most German states and the Austrian Empire in the years prior to German unification.- Introduction :...
was the currency of Saxony
Saxony
The Free State of Saxony is a landlocked state of Germany, contingent with Brandenburg, Saxony Anhalt, Thuringia, Bavaria, the Czech Republic and Poland. It is the tenth-largest German state in area, with of Germany's sixteen states....
between 1857 and 1873. It replaced the Thaler
Saxon thaler
The Thaler was the currency of the Electorate and Kingdom of Saxony until 1857. Between 1754 and 1841, it was equal to three quarters of a Conventionsthaler and was subdivided into 24 Groschen, each of 12 Pfennig. In 1841, Saxony partially decimalized, dividing the Thaler into 30 Neugroschen, each...
at par and was replaced by the Mark
German gold mark
The Goldmark was the currency used in the German Empire from 1873 to 1914.-History:Before unification, the different German states issued a variety of different currencies, though most were linked to the Vereinsthaler, a silver coin containing 16⅔ grams of pure silver...
at a rate of 1 Vereinsthaler = 3 Mark. The Vereinsthaler was subdivided into 30 Neugroschen
Neugroschen
The neugroschen is a coin that was introduced in 1841 in Saxony. It was equivalent to the Prussian silbergroschen but was divided into 10 pfennig, not 12 as in Prussia....
, each of 10 Pfennig
Pfennig
The Pfennig , plural Pfennige, is an old German coin or note, which existed from the 9th century until the introduction of the euro in 2002....
.