Bremen thaler
The Thaler was the currency of Bremen
Bremen (state)
The Free Hanseatic City of Bremen is the smallest of Germany's 16 states. A more informal name, but used in some official contexts, is Land Bremen .-Geography:...

 until 1873. It was divided into 72 Grote, each of 5 Schwaren. Until 1863, the Bremen Thaler was on a silver standard, containing 1/13½ Cologne mark
Cologne mark
The Cologne Mark was a unit of weight equivalent to 233.856 grams. It was introduced by the Danish King Hans in the late 15th century and was used as a standard for weighing metals...

 of silver. After 1863, the Bremen Thaler, unlike the 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 :...

, went over to a gold standard
Gold standard
The gold standard is a monetary system in which the standard economic unit of account is a fixed mass of gold. There are distinct kinds of gold standard...

 and was worth 1 4/21 gram
The gram is a metric system unit of mass....

s of gold (420 Thaler to the 500 gram "pound"). In 1873, the Thaler was replaced by the mark (ℳ)
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...

. As both currencies were based on gold, an exact conversion was carried out, with 1 Thaler = 3 9/28 ℳ.

External links

From dons world coin gallery.
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