Hamburg mark
The Mark was the currency of Hamburg
-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...

 until 1873. It was subdivided into 16 Schilling, each of 12 Pfennig. The Hamburg Mark was on a silver standard, with the final peg being 1 Mark = 1/34 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...

. It was replaced by the Goldmark
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 Hamburg mark = 1.2 Goldmark (1 Goldmark = 13 1/3 Schilling).

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.