Coin evaluation

from Wikipedia, the free encyclopedia

Under debasement is meant the reduction of the noble metal of a fineness Münznominals the time of Kurantmünzen .

This devaluation usually proceeded insidiously over the decades or centuries and was mostly based on the fraudulent intention of the minting authority to increase money against his citizens. In times of crisis such as the time of the Schinderlinge or the time of the tipper and rocker , this period could only be a few months.

The mint master's profit lay in the time ahead of his citizens knowing the value of the coins, so that the price increases only came into effect for him later. The consequences of the coin valuation (inflation) always had to be borne by the simple and uneducated classes (see also Ephraimites and Leipzig Mint: Under Prussian Occupation ).

Small coins were much more frequently affected by the coin scoring than large coins. Expression of coin scoring was that z. For example, the penny dropped from a curant coin in the Middle Ages to a copper coin .

Frequently, after certain periods of time, “multiples” of the former high-quality nominal were created , which in turn were then subject to a coin valuation over time. See also schilling .

Some types of coins were largely excluded from coin evaluations, e.g. B. Ducats .

Prague groschen

Prague groschen as an example (approx. Weights in fine silver):

  • 1300: 3.6 g
  • 1348: 3.0 g
  • 1405: 1.8 g
  • 1485: 1.2 g
  • 1540: 0.8 g

See also

literature