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[[Image:Vereinstaler Österreich.png|thumb|right|250px|Austrian Vereinstaler of 1866]]The '''Vereinsthaler''' (((IPA-de|fɛɐ̯ˈʔaɪnsˌtaːlɐ|lang)), ''union [[thaler]]'') was a standard [[silver]] [[coin]] used in most [[List of historic states of Germany|German states]] and the [[Austrian Empire]] in the years before [[German Empire|German unification]].

The Vereinsthaler was introduced in 1857 to replace the various versions of the [[North German thaler]], many of which were already set at par with the [[Prussian thaler]]. While the earlier [[Prussian Thaler]] was slightly heavier at ((frac|14))th a [[Cologne mark]] of fine silver (16.704 [[gram]]s), the Vereinsthaler contained ((frac|16|2|3)) grams of silver, which was indicated on the coins as one thirtieth of a [[pound (mass)#Metric pound| metric pound]] (Pfund, equal to 500&nbsp;grams).

== Distribution ==
((more sources|section|date=October 2015))
The Vereinsthaler was used as the base for several different currencies. In [[Prussia]] and several other northern German states, the Vereinsthaler was the standard unit of account, divided into 30 [[Silbergroschen]], each of 12 [[Pfennig]]. See [[Prussian vereinsthaler|Prussian Vereinsthaler]].

In [[Saxony]], the [[Neugroschen]] was equal to the Prussian Silbergroschen but was divided into 10 Pfennig. See [[Saxon vereinsthaler|Saxon Vereinsthaler]]. Some other north German states, such as [[Hanover]], used the name [[Groschen]] rather than Silbergroschen for a coin of 12 Pfennig (see [[Hannovarian vereinsthaler|Hanoverian Vereinsthaler]]), while the [[Mecklenburg]] states and [[Electorate of Hesse|Hesse-Kassel]] (or Hesse-Cassel) used entirely distinct subdivisions; see [[Mecklenburg vereinsthaler|Mecklenburg Vereinsthaler]] and [[Hesse-Kassel vereinsthaler|Hesse-Kassel Vereinsthaler]].

In southern Germany, states including [[Bavaria]] used the [[South German gulden]] as the standard unit of account, with ((frac|1|3|4)) Gulden = 1 Vereinsthaler. The Gulden was divided into 60 [[Kreuzer]], each of 4 Pfennig or 8 [[Heller (money)|Heller]]. These states issued ''Vereinsmünze'' (union coinage) worth 1 and 2 Vereinsthaler, or 1((frac|3|4)) and 3((frac|2)) gulden. See [[Bavarian gulden|Bavarian Gulden]], [[Baden gulden|Baden Gulden]], [[Württemberg gulden|Württemberg Gulden]].

In the Austrian Empire (and later the [[Austro-Hungarian Empire]]), a different [[Austro-Hungarian florin|florin]] (known as the ''Gulden'' in [[German language|German]] or ''forint'' in [[Hungarian language|Hungarian]]) was the unit of account, with ((frac|1|1|2)) florins = 1 Vereinsthaler. The florin was divided into 100 kreutzers.

== Withdrawal ==
Following [[German unification]] in 1871, the [[German gold mark|Goldmark]] was introduced in 1873 at a rate of 3 mark = 1 Vereinsthaler. Consequently, the new 10 pfennig coins were equivalent to the old Groschen of northern Germany and this became a nickname for the denomination.

Unlike subsidiary silver coins of the goldmark with a legal tender limit of 20 marks, all silver 3-mark Vereinsthalers issued before 1871 enjoyed unlimited legal tender status even after the switchover to the [[gold standard]]. This ended with the demonetization of the Vereinsthaler in 1908 and the minting of new, smaller subsidiary 3-mark coins. The name Thaler for 3 marks persisted until the 1930s.

Austria-Hungary stopped issuing Vereinsthaler coins in 1867, following the [[Austro-Prussian War]].

((s-start))
((succession box|title=[[Germany|German]] currency|before=[[North German thaler]]<br>[[Prussian thaler]]|after=[[German gold mark|German Goldmark]]|years=1857–1873))
((s-end))

==References==
((Portal|Money|Numismatics))
((refbegin))
*((numis cite SCWC|date=1991))
((refend))

((Thaler|state=collapsed))

[[Category:Currencies of Austria]]
[[Category:Currencies of Germany]]
[[Category:Modern obsolete currencies]]

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