Vereinsthaler


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Vereinsthaler

A silver coin used in German-speaking countries prior to the unification of Germany in 1873. It served as the basis for several German countries in the 19th century. It was replaced in the united Germany by the goldmark.
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Prior to the establishment of the mark, Germany had more than 200 separate currencies, mostly based on the silver vereinsthaler coin.
It had to accept the return to full convertibility into silver of its bank notes and the dominant role of the Prussian thaler in the Union, the Vereinsthaler, at a rate of 1.

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