Albus (coin)

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Triple Albus "3 Petermenger", Trier, 1713, Charles Joseph of Lorraine, Elector of Trier 3 Petermenger Trier 1713.jpg
Triple Albus "3 Petermenger", Trier, 1713, Charles Joseph of Lorraine, Elector of Trier

From the Late Middle Ages the albus was a common currency in parts of the Holy Roman Empire, especially in the Rhineland. The name albus is Latin and means "white". Because of its higher silver content, this lighter coin differed in colour from the other inferior coins. This resulted in the names denarius albus (white pfennig ), Weißpfennig or Rhenish groschen.

Contents

History

The albus was a silver groschen coin of the Late Middle Ages that was distributed in the Lower Rhine region from the second half of the 14th century. The four Rhenish electors, who united in 1385/86 to form the Rhenish Minting Union (Rheinischer Münzverein), together had the Weißpfennig minted as a silver coin alongside the Rhenish gold gulden. [1] [2] While the gold gulden was used as a trade coin, the Weißpfennig was an "everyday coin". [3] On one side the Mainz Weißpfennig displayed the "Wheel of Mainz" and was therefore also called the Raderalbus ("wheel albus"). [2]

The albus was introduced around the middle of the 14th century by the Archbishop of Trier, Kuno II of Falkenstein and is first documented in the coinage treaty between Cologne and Trier in 1372. Over time, the albus became the currency of the coin union of the Electors of Trier, Mainz and Cologne, and was adopted by numerous adjacent territories.

On the obverse there were initially Christian motifs, depictions of Christ and the saints. In Trier, from 1625, the albus was also known as the Petermenger (Petermännchen or "Little Peter") because it portrayed Saint Peter on the obverse. This version was distributed in huge quantities until 1689 and spread across the whole of western Germany to Westphalia, Thuringia and Brandenburg. On the reverse, the coins usually depicted the coat of arms of the originating city; in Mainz, for example, the Wheel of Mainz, the so-called Raderalbus, which was worth 24 pfennigs i.e. a double schilling . The design also changed over time. From 1689 the image of St. Peter was replaced by the "three-peter man" (Dreipetermännchen). This coin was very successful and soon became a coveted means of payment as far as the River Elbe in the east. The Dreipetermännchenremained in circulation in many variants until 1715. In 1760, minting was resumed by the Koblenz Mint. The inscription III PETERMENGER was replaced by 24 ONE MARCK FEIN SILBER, since it was supposed to be worth 6 kreuzers. [4]

After the coinage edict for the conversion of foreign currencies by Count Palatine Wolfgang William of 1 September 1620, the following values were set for the Duchy of Jülich-Berg: 1 Reichstaler = 78 Albus; 1 Albus = 12 Hellers .

In the Grand Duchy of Hesse the Reichstaler , Batzen and Albus were only coins of account. According to the minting convention of 25 August 1837, the new issue of the Reichsgulden was also an invoice coin. [5]

In the Thirty Years' War (1618-1648), the coin lost its importance, but was still minted regionally as a low denomination coin in the 18th century (e.g. in Hesse). In Jülich-Berg, Stübers became more important during the period.

Distribution

Since the Rhenish Groschen was very popular, it became widespread between Heidelberg on the southern border of the Palatinate lands to Moers on the Lower Rhine border in the north and was coined by numerous Rhenish and Westphalian lords. [2]

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The pfennig ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West Germany and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig.

<i>Batzen</i>

The batzen is an historical Swiss, south German and Austrian coin. It was first produced in Berne, Switzerland, from 1492 and continued in use there until the mid-19th century.

<span class="mw-page-title-main">Groschen</span> Name of various coins, often in Central Europe

Groschen is the name for various coins, especially a silver coin used in parts of Europe such as France, some of the Italian states, England, various states of the Holy Roman Empire, among others. The word is borrowed from the late Latin description of a tornose, a grossus denarius Turnosus, in English the "thick denarius of Tours". Groschen was frequently abbreviated in old documents to gl, whereby the second letter was not an l, but an abbreviation symbol; later it was written as Gr or g.

<i>Neugroschen</i>

The Neugroschen was a Saxon Scheidemünze coin minted from 1841 to 1873 which had the inscription Neugroschen. This groschen, made of billon, was equivalent to the Prussian groschen but, unlike the latter, was divided not into 12, but into 10 pfennigs.

<span class="mw-page-title-main">Stuiver</span> Historical Dutch coin

The stuiver was a coin used in the Netherlands, worth 120 Dutch Guilders. It was also minted on the Lower Rhine region and the Dutch colonies. The word can still refer to the 5 euro cent coin, which has almost exactly the same diameter and colour despite being over twice the value of the older coin.

The Weißpfennig was a form of silver groschen that was circulated in the Holy Roman Empire in the Late Middle Ages. It was also known as an albus or a Rhenish groschen. It was minted from the second half of the 14th century onwards in the Lower Rhine region by the four Rhenish electors of the Holy Roman Empire, who set up a joint mint in 1385–86. It was intended for everyday use, whilst the gold Rhenish gulden of the same era was intended as a trade coin. Those minted in Mainz were inscribed on one side 'Mainzer Rad' and were also known as Raderalbus.

<span class="mw-page-title-main">Coinage of Saxony</span>

The history of Saxon coinage or Meissen-Saxon coinage comprises three major periods: the high medieval regional pfennig period, the late medieval pfennig period and the thaler period, which ended with the introduction of the mark in 1871/72. Rich silver deposits, which were discovered near Freiberg after the middle of the 12th century, helped Saxony to a leading position in German coinage.

<i>Bartgroschen</i>

The Bartgroschen was a Saxon coin minted in 1492 and 1493 and embossed with an image of the bearded Duke Frederick III, the Wise (1486–1525). A total of 205,000 pieces were struck at the mints of Zwickau and Schneeberg. The groschen were the first Saxon coins with a portrait of the regent.

<i>Schüsselpfennig</i>

A Schüsselpfennig, also Gehulchter Pfennig is so called due to the stamping technique which results in a concave, one-sided type of Pfennig coin. It was probably first minted in 1374 in the Palatinate. Small Schüsselpfennigs that had entered the Electorate of Saxony were referred to there as Näpfchenheller.

Meissen <i>groschen</i>

The Meissen groschen or broad 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.

<i>Wechselthaler</i>

The Wechselthaler, also spelt Wechseltaler or Wechsel-Thaler, was minted in 1670 and 1671 in the Electorate of Saxony under Elector John George II (1656–1680) to the Wechselthaler or Burgundian thaler standard (861/1000 fineness). As the name suggests, the Wechselthaler and its subdivisions were intended as a currency to encourage Leipzig's trade with Hamburg and the Netherlands. The first coins from 1670 therefore bear the inscription WECHSELTHALER on the reverse. The Wechselthaler standard was only valid in Electoral Saxony in 1670 and 1671.

<i>Sachsenpfennig</i>

The Sachsenpfennig, sometimes called the Wendenpfennig or the Hochrandpfennig, was a well-known coin of the pfennig type minted in the eastern part of the Stem Duchy of Saxony during the 10th and 11th centuries. It had an upturned perimeter and, next to the Otto Adelheid Pfennig was the most common pfennig type of its time. Sachsenpfennigs are the oldest coins minted in Saxony. Its different names represent a lack of clarity within mediaeval numismatics about the coin.

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<i>Schildgroschen</i> (Hesse)

The Hessian Schildgroschen was a coin of the groschen type, based on the Meissen-Saxon Schildgroschen, one of the late medieval, Groschen period coins that was very similar to the Meissen Schildgroschen. It was also called the Kronichte Groschen and Zweischildgroschen.

<i>Roter Seufzer</i>

The Roter Seufzer, also called the Seufzer and Leipziger Seufzer, was the popular name of the inferior six-pfennig coin minted in huge quantities in 1701 and 1702 by the Prince-Elector of Saxony and King of Poland, Augustus the Strong (1694–1733). The name of these coins was due to the loss that the population suffered as a result of the coins which had a high copper content.

<i>Guter Groschen</i>

The Guter Groschen, also Gutergroschen or Gutegroschen, abbreviation Ggr., is name of the groschen coin that was valued at 124 of a Reichsthaler from the end of the 16th century. It was called a "good groschen" to distinguish it from the lighter Mariengroschen, which was only valued at 136 Reichsthaler. The term Guter Groschen remained common until the middle of the 19th century.

<i>Bauerngroschen</i> Coin

The Bauerngroschen, also Burgroschen, was a groschen minted in the Free Imperial City of Goslar from 1477 until at least 1490 and continued to circulate until the 16th century. On the obverse it depicts a coat of arms with an imperial eagle beneath a helmet with a crown and on the reverse Saints, Simon and Jude. The two apostles were thought by the people to be farmers due to the poor quality stamping of the coins, hence the name, Bauerngroschen.

<span class="mw-page-title-main">Schilling (coin)</span> Class of coinage from central Europe

The schilling was the name of a coin in various historical European states and which gave its name to the English shilling. The schilling was a former currency in many of the German-speaking states of the Holy Roman Empire, including the Hanseatic city states of Hamburg and Lübeck, the March of Brandenburg, and the Duchies of Bavaria, Mecklenburg, and Württemberg. It was also used in Switzerland and in Austria, where silver schillings were introduced as recently as 1923.

The Andreas Hofer Kreuzer, also called the Hofer Kreuzer or Sandwirtszwanziger, was the name of the 20- and 1-kreuzer coins that were minted during the Tyrolean Rebellion in Hall in Tirol in 1809. The obverse depicts the Tyrolean Eagle and the inscription Gefürstete Grafschaft Tirol; the reverse shows the nominal value.

<i>Ewiger Pfennig</i>

The Ewiger Pfennig or eternal penny was a coin of the regional pfennig period, which was minted until the late medieval groschen time. These coins are mostly of the Hohlpfennig or "hollow pfennig" type which, unlike bracteates, had to be exchanged regularly for a fee but were not subject to annual recall of coins in circulation, the Münzverruf.

References

  1. Heinz Fengler, Gerhard Gierow, Willy Unger: Transpress Lexikon Numismatik. Berlin 1976, p. 19
  2. 1 2 3 Arthur Suhle: Die Groschen- und Goldmünzenprägung im 14.und 15. Jahrhundert in: „Deutsche Münz- und Geldgeschichte von den Anfängen bis zum 15. Jahrhundert.“ Berlin 1974, pp. 174ff.
  3. Heinz Fengler, Gerhard Gierow, Willy Unger: Transpress Lexikon Numismatik. Berlin 1976, p. 268
  4. Stadtsparkasse Trier: Die Münzen und Siegel der Erzbischöfe von Trier. 1973
  5. Christian Noback, Friedrich Eduard Noback: Vollständiges Taschenbuch der Münz-, Maß- und Gewichtsverhältnisse. Band 1, F. A. Brockhaus, Leipzig 1851, p. 212

Literature