Guter Groschen

The term Guter Groschen remained common until the middle of the 19th century.

[1] According to the Imperial Circle decision of 1572[2] the groschen, which depicted an orb on the reverse side, were initially valued at 21 to the Reichsthaler, but later 24.

[4] The Groschen name was initially intended to express the return to the Imperial Minting Ordinance (Reichsmünzordnung) and thus to good money.

Subsequently, the name also became common for the groschen valued at 1⁄24 Reichsthaler, which had been struck since the end of the 16th century.

[5] In the trade manual, Salomon Haas leicht und deutlich erklärte Waaren-Calculation' of 1769, the relationship of coins to the Guter Groschen is illustrated with examples from Saxony, Brandenburg and Brunswick: