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Meissen groschen

January 01, 1970

The Meissen groschen (Meißner Groschen) or broad groschen (Breite Groschen) was a Meissen-Saxon silver coin of the 14th and 15th centuries and the regional currency of the Margraviate of Meissen in the Late Middle Ages. It was introduced by Margrave Frederick II of Meissen in 1338/39 and modelled on the Prague groschen.[1][2]

Groschen of the Margraviate of Meissen,
Reverse: Meissen lion rampant facing left with a simple tail,
Latin inscription: GROSSUS MARCHIONNIS MISNENISIS ("Groschen of the March of Meissen")
Obverse:cross fleury with quatrefoil,
Latin inscription: abbreviated title of the mint lords: DEI GRATIA THURINGIAE LANDGRAVI (By the Grace of God Landgrave of Thuringia)

Distribution edit

The Margraves of Meissen had large silver deposits in the Ore Mountains. In the first hundred years, they had the Meissen groschen struck exclusively in Freiberg.[2][3] The Freiberg Mint coined a total of 301,298 Mark (about 70.5 tons) of fine silver.[3] Since a lot of silver could be minted, the Meissen groschen was not only used in the Margraviate of Meissen, but also spread beyond the borders of the actual area where it was legal tender.[2] Like the Prague groschen, it was often imitated and countermarked.[2]

Description edit

The Meissen groschen was minted in the Freiberg and Zwickau mints. Until 1405, the obverse always depicted the Meissen lion rampart looking left with a simple tail and the Latin inscription: GROSSUS MARCHIONNIS MISNENISIS ("Groschen of the March of Meissen").[1] On the reverse were a cross fleury, a quatrefoil and the abbreviated title of the mint lords in Latin: DEI GRATIA THURINGIAE LANDGRAVI (By the Grace of God Landgrave of Thuringia).[1] Beginning in 1457, the year dates were often included in an interrupted manner (in the series 1465–1469 and 1490–1499).[1]

Types edit

Thousands of types of Meissen groschen were minted. The variants include:[1]

Debasement edit

The monetary value of the Meissen-Saxon silver pfennig decreased over time (cf. Gresham-Copernican law).[1] In 1338, a fine Prague coin mark (approx. 253.14 g) became 14 2/9 lots of silver (= 888/1000 fine) 66 2/3 groschen with a gross weight of 3.797 g and a fine weight of 3.375 g.[1] By 1360, the fineness was reduced so much that from the same amount of silver, 70 groschen - now with a fine weight of 2.788 g – could be minted. Then, in 1432, 525 groschen were minted from a fine Prague mint mark; now the individual coins only had a fine weight of 0.48 g silver.[1]

Alignment to the Rhenish guilder edit

The currency alignment of the Meissen groschen to the Rhenish guilder as the basis for the regional groschen currency of the Margraviate of Meissen took place from 1368 to 1369. During this time, groschen of the 'broad groschen' type were minted in the State Mint of Freiberg and the Zwickau Mint.[4] From the middle of the 15th century a fixed exchange rate was established between the Meissen Groschen and Rhenish Gulden.[1] Initially minted with a ration of 1/20 or 1/21 with the Rhenish guilder, this coin, designated as external currency (Oberwähr) was accepted for all payments in the Margraviate of Meissen.[1] Later, the Meissen groschen was minted with a ratio of 1/26 to the gold guilder and referred to as internal currency (Beiwähr).[1]

See also edit

Literature edit

  • G. Krug: Die meißnisch-sächsischen Groschen 1338 bis 1500. Veröffentlichungen des Museums für Vorgeschichte Dresden 13, Berlin 1974.
  • Heinz Fengler, Gerhard Gierow, Willy Unger: Transpress Lexikon Numisatik. Berlin 1976.
  • Paul Arnold: ührer durch die ständige Ausstellung des Münzkabinetts.2nd expanded and improved edn. 1978, Staatliche Kunstsammlungen Dresden (ed.).

References edit

  1. ^ a b c d e f g h i j k Fengler et al. (1976), p. 281.
  2. ^ a b c d Arnold (1978), pp. 14 ff.
  3. ^ a b Ausstellungsführer: 7 Jahrhunderte Bergbau und Münzwesen in Sachsen und Thüringen 1168–1872. Gemeinschaftsausstellung des Staatl. Museums f. Mineralogie und Geologie und des Münzkabinetts der Staatl. Kunstsammlungen Dresden In: Blick ins Museum. Ausgabe 26, 1981.
  4. ^ Krug (1974), p. 114

External links edit

 
Wikimedia Commons has media related to Meißner Groschen.

January 01, 1970
meissen, groschen, meißner, groschen, broad, groschen, breite, groschen, meissen, saxon, silver, coin, 14th, 15th, centuries, regional, currency, margraviate, meissen, late, middle, ages, introduced, margrave, frederick, meissen, 1338, modelled, prague, grosch. The Meissen groschen Meissner Groschen or broad groschen Breite Groschen was a Meissen Saxon silver coin of the 14th and 15th centuries and the regional currency of the Margraviate of Meissen in the Late Middle Ages It was introduced by Margrave Frederick II of Meissen in 1338 39 and modelled on the Prague groschen 1 2 Groschen of the Margraviate of Meissen Reverse Meissen lion rampant facing left with a simple tail Latin inscription GROSSUS MARCHIONNIS MISNENISIS Groschen of the March of Meissen Obverse cross fleury with quatrefoil Latin inscription abbreviated title of the mint lords DEI GRATIA THURINGIAE LANDGRAVI By the Grace of God Landgrave of Thuringia Contents 1 Distribution 2 Description 3 Types 4 Debasement 5 Alignment to the Rhenish guilder 6 See also 7 Literature 8 References 9 External linksDistribution editThe Margraves of Meissen had large silver deposits in the Ore Mountains In the first hundred years they had the Meissen groschen struck exclusively in Freiberg 2 3 The Freiberg Mint coined a total of 301 298 Mark about 70 5 tons of fine silver 3 Since a lot of silver could be minted the Meissen groschen was not only used in the Margraviate of Meissen but also spread beyond the borders of the actual area where it was legal tender 2 Like the Prague groschen it was often imitated and countermarked 2 Description editThe Meissen groschen was minted in the Freiberg and Zwickau mints Until 1405 the obverse always depicted the Meissen lion rampart looking left with a simple tail and the Latin inscription GROSSUS MARCHIONNIS MISNENISIS Groschen of the March of Meissen 1 On the reverse were a cross fleury a quatrefoil and the abbreviated title of the mint lords in Latin DEI GRATIA THURINGIAE LANDGRAVI By the Grace of God Landgrave of Thuringia 1 Beginning in 1457 the year dates were often included in an interrupted manner in the series 1465 1469 and 1490 1499 1 Types editThousands of types of Meissen groschen were minted The variants include 1 Furstengroschen prince s groschen Helmgroschen helment groschen Horngroschen horn groschen Judenkopfgroschen Jew s head groschen Kreuzgroschen cross groschen Lowengroschen lion groschen Schildgroschen shield groschen Schwertgroschen sword groschen Debasement editThe monetary value of the Meissen Saxon silver pfennig decreased over time cf Gresham Copernican law 1 In 1338 a fine Prague coin mark approx 253 14 g became 14 2 9 lots of silver 888 1000 fine 66 2 3 groschen with a gross weight of 3 797 g and a fine weight of 3 375 g 1 By 1360 the fineness was reduced so much that from the same amount of silver 70 groschen now with a fine weight of 2 788 g could be minted Then in 1432 525 groschen were minted from a fine Prague mint mark now the individual coins only had a fine weight of 0 48 g silver 1 Alignment to the Rhenish guilder editThe currency alignment of the Meissen groschen to the Rhenish guilder as the basis for the regional groschen currency of the Margraviate of Meissen took place from 1368 to 1369 During this time groschen of the broad groschen type were minted in the State Mint of Freiberg and the Zwickau Mint 4 From the middle of the 15th century a fixed exchange rate was established between the Meissen Groschen and Rhenish Gulden 1 Initially minted with a ration of 1 20 or 1 21 with the Rhenish guilder this coin designated as external currency Oberwahr was accepted for all payments in the Margraviate of Meissen 1 Later the Meissen groschen was minted with a ratio of 1 26 to the gold guilder and referred to as internal currency Beiwahr 1 See also editMeissen guilderLiterature editG Krug Die meissnisch sachsischen Groschen 1338 bis 1500 Veroffentlichungen des Museums fur Vorgeschichte Dresden 13 Berlin 1974 Heinz Fengler Gerhard Gierow Willy Unger Transpress Lexikon Numisatik Berlin 1976 Paul Arnold uhrer durch die standige Ausstellung des Munzkabinetts 2nd expanded and improved edn 1978 Staatliche Kunstsammlungen Dresden ed References edit a b c d e f g h i j k Fengler et al 1976 p 281 a b c d Arnold 1978 pp 14 ff a b Ausstellungsfuhrer 7 Jahrhunderte Bergbau und Munzwesen in Sachsen und Thuringen 1168 1872 Gemeinschaftsausstellung des Staatl Museums f Mineralogie und Geologie und des Munzkabinetts der Staatl Kunstsammlungen Dresden In Blick ins Museum Ausgabe 26 1981 Krug 1974 p 114External links edit nbsp Wikimedia Commons has media related to Meissner Groschen Retrieved from https en wikipedia org w index php title Meissen groschen amp oldid 1131988739, wikipedia, wiki, book, books, library,

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