Information AboutGroschen |
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HISTORY Names like ''Groschen, grossus/grossi, grossone, Grosz, Gros, Groš, Garas'' etc. were used in the Middle Ages for all ''thick'' Silver Coin s, as opposed to ''thin'' silver coins such as Denier s or Pennies . Historically it was equal to between several and a dozen Denarii . The type was introduced in 1271 by Duke Meinhard II of Tyrol in Merano . The 1286 example depicted here weighs 1,45 G , it is marked with ''ME IN AR DVS'' and a Double Cross ( Obverse ), and with ''DUX TIROL'' and the Eagle of Tirol ( Reverse ) The name derives either from the ''crossus'' (double cross), or from ''grossus denarius turnosus'' (Gross Denarius of Tours , ''gros tournois''). , Italy , in the 15th century.]] It was minted since the Middle Ages in the following areas:
Later the tradition of Groschen was dropped in most states while others continued to mint only coins smaller than the original coin. In Poland for example, since 1526 these included coins of 1/2 grosz, 1 grosz, 1,5 grosz, 2 grosz, 3 grosz, 4 grosz and 6 grosz. Their weight gradually dropped to 1,8 grammes of silver and since 1752 they were replaced by copper coins of the same name. In recent times, the name was used by two currencies in circulation: Likewise, in Germany ''Groschen'' remained a slang term for the 10 Pfennig coin, thus a 1/10 part both of the (West German) Deutsche Mark and the East German Mark . The word has lost popularity with the introduction of the Euro , although it can still be heard on occasion, especially from older people. In Western Ukraine , grosh is still a Slang term for the Kopiyka , a 1/100 part of a Hryvnia . The Ukrainian word for money, ''hroshi'', ultimately derives from this term also. In was introduced in the 19th century. The term has been retained as a general word for a coin or currency in a number of money-related proverbs and sayings, and can also be regularly encountered in folk tales or stories set vaguely in the past. In Israel 'Grush' (Plural 'Grushim') is used as slang for a small cost ("pennies"). This usage comes from the Yiddish used by Israel's Ashkenazi population, ultimately deriving from its German and Eastern European origins. GERMANY In Germany , the name Groschen (both singular and plural) replaced Schilling as the common name for a 12 Pfennig coin. In the 18th Century it was used predominantly in the northern states as a coin worth 1/24 of a Reichsthaler (equal to 1/32 of a Conventionsthaler ). In the 19th century, beginning in 1821 in Prussia , a new Currency system was introduced in which the Groschen (often called the Silbergroschen or Neugroschen to distinguish it from older Groschen) was worth 1/30 of a Thaler (Taler). Following German unification and decimalization, the Groschen was replaced by the 10 Pfennig coin and Groschen remained a nickname for the 10 Pfennig coin until the introduction of the Euro . AUSTRIA Austria introduced the groschen in 1924 as the subdivision of the Schilling . It was restored, along with the schilling, in 1945 and continued in use until the introduction of the Euro in 2002. SEE ALSO EXTERNAL LINK
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