The
ThalerThe Thaler was a silver coin used throughout Europe for almost four hundred years. Its name lives on in various currencies as the dollar or tolar. Etymologically, "Thaler" is an abbreviation of "Joachimsthaler", a coin type from the city of Joachimsthal in Bohemia, where some of the first such...
was the currency of the Landgravate, then Electorate of
Hesse-KasselThe Landgraviate of Hesse-Kassel or Hesse-Cassel was a state in the Holy Roman Empire under Imperial immediacy that came into existence when the Landgraviate of Hesse was divided in 1567 upon the death of Philip I, Landgrave of Hesse. His eldest son William IV inherited the northern half and the...
(or Hesse-Cassel) until 1858. Until 1807, the Thaler was subdivided into 32
Albus, each of 12
HellerThe Heller or Häller was originally a German coin valued at half a pfennig and named after the city of Hall am Kocher...
. It was worth three quarters of a
ConventionsthalerThe Conventionstaler was a standard silver coin of the Holy Roman Empire. It was introduced in 1754 and contained one tenth of a Cologne mark of silver ....
.
Between 1807 and 1813, the
Westphalian ThalerThe Thaler was a currency of the Kingdom of Westphalia between 1807 and 1813. From 1808, it circulated alongside the Frank. The Thaler was equal to those of the preceding states, including the Hannovarian Thaler. It was subdivided into 36 Mariengroschen, each of 8 Pfennig....
and
Westphalian FrankThe Frank was a currency of the Kingdom of Westphalia between 1808 and 1813. It circulated alongside the Thaler, was equal to the French franc and was subdivided into 100 Centimen.See "Standard Catalog of World Coins" by Krause and Mishler....
circulated in Hesse-Kassel.
The Thaler and Heller were reintroduced in 1813, but without the Albus (the last coins denominated in Albus were issued in 1782). Thus, 384 Heller = 1 Thaler. In 1819, the Thaler was set equal to the
Prussian ThalerThe Thaler was the currency of Prussia until 1857. From 1750, it was distinct from north German Reichsthaler unit of account in that it contained 1/14 of a Cologne mark of silver, rather than 1/12, and was minted as a coin...
. In 1841, a new currency system was introduced, dividing the Thaler into 30
SilbergroschenThe Silbergroschen was a coin used in Prussia and several other German Confederation states in northern Germany during the 19th century, worth one thirtieth of a Thaler....
, each of 12 Heller.
The Thaler was replaced at par by the
VereinsthalerThe Vereinsthaler was the currency of the Electorate of Hesse-Kassel between 1858 and 1873. It replaced the Thaler at par and was replaced by the German Mark at a rate of 1 Vereinsthaler = 3 Mark....
.