The Pulverturm in Johanngeorgenstadt was a tower used by the mining authorities for storing gunpowder for the Neu Leipziger Glück pit.
It was built in 1798 in a sparsely settled region outside the town on the spoil heap of the Gotthelf Schaller pit on Eibenstocker Straße by the Neu Leipziger Glück Union.
The purchase price was advanced by the Royal Stolln, which also assumed responsibility for its repair.
For every hundredweight of powder stored, the mines were then charged a taler towards the repayment of the advance.
Due to the rising population of Johanngeorgenstadt, the powder tower now stands in the town centre, not far from a new housing area built in the mid-1980s, which today bears the name Am Pulverturm.