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<p>[QUOTE="regandon, post: 704218, member: 17232"]The following will explain it better than I can.</p><p> </p><p><span style="color: black">The <b>Thaler</b> was the currency of </span><a href="http://www.cointalk.com/wiki/Bremen_(state)" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Bremen_(state)"><span style="color: black">Bremen</span></a><span style="color: black"> until 1873. It was divided into 72 <i>Grote</i>, each of 5 <i>Schwaren</i>. Until 1863, the Bremen Thaler was on a silver standard, containing 1/13½ </span><a href="http://www.cointalk.com/wiki/Cologne_mark" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Cologne_mark"><span style="color: black">Cologne mark</span></a><span style="color: black"> of silver. After 1863, the Bremen Thaler, unlike the </span><a href="http://www.cointalk.com/wiki/Vereinsthaler" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Vereinsthaler"><span style="color: black">Vereinsthaler</span></a><span style="color: black">, went over to a gold standard and was worth 1 4/21 </span><a href="http://www.cointalk.com/wiki/Gram" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Gram"><span style="color: black">grams</span></a><span style="color: black"> of gold (420 Thaler to the 500 gram "pound"). In 1873, the Thaler was replaced by the </span><a href="http://www.cointalk.com/wiki/German_gold_mark" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/German_gold_mark"><span style="color: black">mark</span></a><span style="color: black">. As both currencies were based on gold, an exact conversion was carried out, with 1 Thaler = 3 9/28 Mark.</span>[/QUOTE]</p><p><br /></p>
[QUOTE="regandon, post: 704218, member: 17232"]The following will explain it better than I can. [COLOR=black]The [B]Thaler[/B] was the currency of [/COLOR][URL="http://www.cointalk.com/wiki/Bremen_(state)"][COLOR=black]Bremen[/COLOR][/URL][COLOR=black] until 1873. It was divided into 72 [I]Grote[/I], each of 5 [I]Schwaren[/I]. Until 1863, the Bremen Thaler was on a silver standard, containing 1/13½ [/COLOR][URL="http://www.cointalk.com/wiki/Cologne_mark"][COLOR=black]Cologne mark[/COLOR][/URL][COLOR=black] of silver. After 1863, the Bremen Thaler, unlike the [/COLOR][URL="http://www.cointalk.com/wiki/Vereinsthaler"][COLOR=black]Vereinsthaler[/COLOR][/URL][COLOR=black], went over to a gold standard and was worth 1 4/21 [/COLOR][URL="http://www.cointalk.com/wiki/Gram"][COLOR=black]grams[/COLOR][/URL][COLOR=black] of gold (420 Thaler to the 500 gram "pound"). In 1873, the Thaler was replaced by the [/COLOR][URL="http://www.cointalk.com/wiki/German_gold_mark"][COLOR=black]mark[/COLOR][/URL][COLOR=black]. As both currencies were based on gold, an exact conversion was carried out, with 1 Thaler = 3 9/28 Mark.[/COLOR][/QUOTE]
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