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The North German Thaler currency of 24 gutegroschen is 3 ⁄ 4 of specie, or 12 to a Mark, or 19.488 g silver; and; The South German & Austrian Gulden of 60 kreuzer is 1 ⁄ 2 of specie, or 18 to a Mark, or 12.992 g silver.
A general guide is that in the early 17th century 1 English pence was roughly the equivalent of one English pound 400 years later. This means that 1 guilder is worth about £24 or US$36. This is only approximate and it is important to note that in the 17th century manufactured goods were much more expensive in relative terms than they are today.
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Jun 1, 2014 · Bavaria and its allies held on to the original values, creating a Rheinischer Gulden, struck everywhere in Southern Germany, except Austria. In Austria, a semi-Austrian coin replaced the Konventionsgulden, as it was quite underweight - much of the war was fought on the territory of the Austrian Netherlands (now covering much of Belgium.)
Unlike some of the other old European currencies on this list, which circulated alongside the euro, the guilder stopped being legal tender on 28 January 2002 – a full month before currencies such as the Spanish peseta and the Austrian schilling. The guilder was converted to the euro at a rate of 2.20371 to one, and the Nederlandsche Bank ...
- Financial Writer
When payments were made, it was in gulden or krone, with coins or in banknotes. In the years before the First World War there were two currency reforms: in 1857 from gulden in the so-called ‘convention coin’ ( Conventionsmünze) to gulden, and in 1892 from gulden to krone. Paper money, which had been in use since around the middle of the ...
The Empire, formalized in 1804, adopted a decimal version of the Gulden (adopted 1754) in 1857. The 1867 compromise saw the now Austria-Hungary dualized, with the introduction of a new kroner currency in 1892, at a 1:1 rate against the Hungarian florin (forint) and the Austrian korona, a par set since the Hungarian satellite currency's ...
Visit the World Coin Price Guide on NGCcoin.com to see prices for Austria Gulden coins, as well as images, mintage info, composition details and design notes. It's free!
