jan 1, 1566 - 1566:
Law of 1566 in the Holy Roman Empire fixes
the Reichsthaler at 0.875 fine.
The Reichsthaler is introduced as the Roman
Empire's version of a standard silver coin.
Smaller German states would mint the
Reichsthaler along with their own coin of
smaller denominations.
Since each state would create their own
system of subdivisions, the Reichsthaler became
established as a way to track the worth
of coins.
Description:
Source:
McLean, Matthew, and Sara Barker. International Exchange in the Early Modern Book World. The Handpress World. Leiden: Brill, 2016. http://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=1361372&site=eds-live.
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