Bremen thaler

The Thaler was the currency of the Free Hanseatic City of Bremen until 1873, when Germany adopted the gold mark (ℳ).

While initially identical to the North German thaler before the 1750s, it was the only currency to maintain the gold standard of 5 thalers to a Friedrich d'or pistole from the 1750s until 1873, long after all other states adopted the Conventionsthaler.

After implementation of the 1690 Leipzig currency standard the majority of the North German states defined the Reichsthaler currency as 1⁄12th a Cologne Mark of fine silver or 19.488 g. The gold-silver price ratio dropped, however, in the mid-18th century (down to 14.5 in France after 1726), leading many states to reissue their Reichsthaler currencies in cheaper Thaler Gold.

Bremen initially responded to the emergence of the Thaler Gold in 1740 by lowering their thaler's standard to 2⁄3rd the Reichsthaler specie coin or 2⁄27 a Cologne mark of silver, but was not able to issue currency to this standard.

On the other hand, French and North German gold pistoles were easily available and of stable quality & value.