The Vereinsthaler ("union" thaler) was a standard silver coin used in most German states and the Austrian Empire in the years before German unification.
The Vereinsthaler was introduced in 1857 to replace the previous standard Thaler (based on the Prussian Thaler) which was very slightly heavier. While the earlier Thaler had contained one fourteenth of a Cologne mark of silver (16.704 grams), the Vereinsthaler contained 16⅔ grams of silver, which...
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The Vereinsthaler ("union" thaler) was a standard silver coin used in most German states and the Austrian Empire in the years before German unification.
The Vereinsthaler was introduced in 1857 to replace the previous standard Thaler (based on the Prussian Thaler) which was very slightly heavier. While the earlier Thaler had contained one fourteenth of a Cologne mark of silver (16.704 grams), the Vereinsthaler contained 16⅔ grams of silver, which was indicated on the coins as one thirtieth of a metric pound (pfund, equal to 500 grams).
The Vereinsthaler was used as the base for several different currencies. In Prussia and several other northern German states, the Vereinsthaler was the standard unit of account, divided into 30 Silbergroschen, each of 12 Pfennig. See Prussian Vereinsthaler.
In Saxony, the Neugroschen was equal to the Prussian Silbergroschen but was divided into 10 Pfennig. See Saxon Vereinsthaler. Some other north German states, such as Hannover, used the name Groschen...
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