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nydus/The History of Currency, 1252 to 1896Public
Page 562 of 764
Table of Contents

APPENDIX V

reaching in some cases even to an 18-thaler standard. Up to 1772 there was issued in these depreciated single and double-groschen pieces an amount equal to 8,979,189 thalers. Subsequently, the standard of divisional money was reduced to 21 thalers, and at this rate, up to the death of Frederick in 1786, there were issued in 6-pfennige and other pieces 12,586,863 thalers' worth. From this time onward, up to the decrying of this depreciated divisional money at the peace of Tilsit, there was minted a matter of 29,628,807 thaler worth. Page

The total, therefore, was 42,215,670 thalers; the pure silver content of which was only 28,243,780 thalers.

By the publicandum of 4th May 1808, and the edict of 13th December 1811, the value of this mass was reduced, the coins being set at from two-thirds to four-sevenths of their normal value, so that—

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