With the adoption of the constitution of the German Empire on April 16, 1871, responsibility for the currency of the empire passed from individual federal states to the government of the empire. Thus, it became possible to carry out long-overdue reforms on the establishment of a single system of sizes, types and weight of coins, the embodiment of which was the Reichsmark.
A mark (equal to 1/3 of a thaler in the north of Germany and 35 kreutzers in southern Germany) with a decimal division was adopted as a single nominal unit. One brand became equal to 100 pfennigam. Silver and gold coins were issued. Continue reading
In the new history there are many anniversaries, celebrations, coronations, which you can almost always find out by looking at the coins issued in honor of this event. A Soviet soldier with a rescued girl in his arms tells about the feat of the people who defeated fascism; Mount Fuji and the intertwined five rings speak of the XVII Olympic Games; the bald Franz Josef recalls the longevity of his reign in the patchwork of the Austro-Hungarian Empire.
Many events were marked by the release of commemorative coins, which, unlike the medals, were endowed with a certain coin standard and nominal value. Continue reading
This coin really can not afford neither in size nor in weight.
She appeared in the reign of Catherine I. True, her institution was not original.
In the first half of the 17th century, a new means of payment was introduced in Sweden: square plates. One daller, made of Swedish copper, weighed 1 kg 350 g. How not to understand respectable Swedish burghers, whose hearts and pockets undermined the heavy plates! But after all, the greatness of Sweden required a lot of silver, sailing away to endless wars … Continue reading