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nydus/The History of Currency, 1252 to 1896Public
Page 545 of 764
Table of Contents

APPENDIX V

kreutzers was set at 94 kreutzers, and the gulden of 1559 of 60 kreutzers was set at 79 kreutzers.

It was on this latter basis (of the 60-kreutzer Reichs gulden of 1559 = 79 kreutzers) that was founded the later Misnian, Franconian, and Kammer-Gerichts currencies of the eighteenth century, which did not materially differ amongst themselves, thus—

Misnian gulden @ 31 groschen (= 78 2⁄3 kr.) Franconian gulden @ 20 batzen (= 80 kr.) Kammer-Gerichts gulden = 78 kr. 2 10⁄23 thalers.

In 1623 the Higher Circles adopted by their Mint determination the following system:—

Thaler = 90 kr. Gold gulden = 1 fl. 44 kr. Ducat = 2 fl. 20 kr.

In the smaller pieces the basis was the mark of fine silver = 16-florin = 10 2⁄3 thaler.

For example—

1 ⁄ 2 -Batzen,7loth fine,210to the mark.
Kreutzer,5"300"
3-Heller piece,3 1 ⁄ 2"560"
Pfennige ,3"720"

Page 370 To this system the Lower Circles acceded, in the same year 1623, after an ineffectual attempt to enforce the interim standard of 1596, which had set the Reichs thaler at 21 batzen or 84 kreutzers.

From this united action of the Upper and Lower Circles

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