This article does not cite any sources. (January 2008) (Learn how and when to remove this template message)
The Thaler (sometimes Reichsthaler) was the currency of Prussia until 1857. From 1750, it was distinct from north German Reichsthaler unit of account in that it contained 1⁄14 of a Cologne mark of silver, rather than 1⁄12, and was minted as a coin. This change was implemented by Johann Philipp Graumann and the system of 14 thaler to the mark was known as the Graumannscher Fuß.
Until 1821, the thaler was subdivided in Brandenburg into 24 Groschen, each of 12 Pfennige. In Prussia proper, it was subdivided into 3 Polish Gulden = FL = Zloty , each of 30 Groschen (each Groschen = 18 Pfennige) or 90 Schilling. Prussia's currency was unified in 1821, with the Thaler subdivided into 30 Silbergroschen, each of 12 Pfennige.
|This article about a unit of currency is a stub. You can help Wikipedia by expanding it.|
|This German history article is a stub. You can help Wikipedia by expanding it.|