Convention thaler

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Convention thaler Franz I of Austria in 1822 and Friedrich August of Saxony in 1813

The Konventionstaler , Convention Taler , spelling until 1901 ... thaler was the Taler coin many mints of the Holy Roman Empire was after the 20-guilder foot of the Coinage of 1753. He of 10 pieces from the 833⅓ / 1,000 fine Mark (= Cologne Mark to ≈233 g silver). For this reason, the formula of the type "X EINE FEINE MARK" appears on many conventional thalers. Its fine weight is thus 23.385 grams of silver according to the Cologne Mark weight standard. Originally it corresponded to exactly two guilders , so that the convention thaler and double guilder could be one and the same coin. As a result, half the conventional thaler was called a guilder . However, this parity did not exist with the lower value South German small change, here it was two guilders and 12 cruisers . The guilder foot was therefore adjusted in 1760 .

The convention thaler was introduced as the successor to the Reichstaler on November 7, 1750 in the Austrian states. With the Convention of September 20, 1753, it was also introduced in the Bavarian Empire . Gradually it spread to southern Germany and Saxony . The last German Convention thalers were minted there in 1838. In Austria their minting lasted until 1856 ( Vienna Mint Treaty 1857).

The conventional thaler was worth 32 groschen, in contrast to the Reichstaler, which was valued at 24 groschen. He was thus a 43 - (counting) Reichstaler.

Converted to the theoretical (counting) Reichstaler of the old German Empire, which was worth 24 Groschen, the conventional thaler corresponded to a 13⅓ thaler foot in relation to the Cologne mark. The Prussian "new" Reichstaler, which was actually pronounced after the Graumann coinage from 1750, corresponded to a 14-Talerfuß developed by Johann Philipp Graumann . So this one was lighter and therefore less valuable. The new Reichstaler replaced the conventional thaler with the Dresden Coin Treaty of 1838, according to which 2 thalers in the 14 thaler foot equal 3½ guilders in the 24½ guilder foot were valid in the countries of the German customs union .

Example of the subdivision of the convention thaler in Saxony around 1770

  • 0043 Taler (convention thaler) 10 a fine Mark silver Kurant coin
  • 00⅔ Taler (convention guilder) 20 one fine Mark silver Kurant coin
  • 00⅓ Taler (8 groschen) 40 a fine Mark silver Kurant coin
  • 00⅙ Taler (4 groschen) 80 a fine Mark silver Kurant coin
  • 0112  Taler (2 Groschen) 160 a fine silver coin Kurant coin
  • 0124  Taler (1 Groschen) 320 a fine Mark silver Kurant coin
  • 0148  thaler (6 pfennig) billon - dividing coin
  • 1240  thaler (1 pfennig) copper dividing coin
  • 1480  Taler (1 Heller) copper coin

See also : The Meissen gulden during the period of validity of the Convention

Web links

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