Hesse-Kassel vereinsthaler
Encyclopedia
The Vereinsthaler
was the currency
of the Electorate of Hesse-Kassel
(or Hesse-Cassel) between 1858 and 1873. It replaced the Thaler
at par and was replaced by the German Mark
at a rate of 1 Vereinsthaler = 3 Mark.
The Vereinsthaler was subdivided into 30 Silbergroschen
, each of 12 Heller
.
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
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
of the Electorate of Hesse-Kassel
Hesse-Kassel
The Landgraviate of Hesse-Kassel or Hesse-Cassel was a state in the Holy Roman Empire under Imperial immediacy that came into existence when the Landgraviate of Hesse was divided in 1567 upon the death of Philip I, Landgrave of Hesse. His eldest son William IV inherited the northern half and the...
(or Hesse-Cassel) between 1858 and 1873. It replaced the Thaler
Hesse-Kassel thaler
The Thaler was the currency of the Landgravate, then Electorate of Hesse-Kassel until 1858. Until 1807, the Thaler was subdivided into 32 Albus, each of 12 Heller...
at par and was replaced by the German 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 Silbergroschen
Silbergroschen
The Silbergroschen was a coin used in Prussia and several other German Confederation states in northern Germany during the 19th century, worth one thirtieth of a Thaler....
, each of 12 Heller
Heller (money)
The Heller or Häller was originally a German coin valued at half a pfennig and named after the city of Hall am Kocher...
.