Albus

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hanau-2-albus-1693.jpg

2 Albus, Hanau Münzenberg: Philipp Reinhard, 1685-1712

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History

Also "Weißpfennig", the name referring to the whiteness of the silver minted to produce the Albus penny – small German coin issued in several places such as Cologne, Trier, Jülich-Berg, Cleve, Mainz, or Frankfurt, Hanau, Darmstadt and Kassel in Hessen or Breslau in Silesia. The constant degradation made it fall against the Reichsthaler. In Cologne the Thaler thus matched 37 Albus in 1534, 48 Albus in 1549, 52 or at times at 56 Albus from 1560-1589, 75 Albus in 1611, 80 Albus in 1680, 100 Albus from 1690-1727, 104 Albus from 1728-1731. Cf. Rainer Metz, Geld, Währung und Preisentwicklung: der Niederrheinraum im europäischen Vergleich, 1350-1800 (Frankfurt am Main, 1990), p.392-98 for the development.

See also Money (Holy Roman Empire)

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Literature

Metz, Rainer, Geld, Währung und Preisentwicklung: der Niederrheinraum im europäischen Vergleich, 1350-1800 (Frankfurt am Main, 1990).

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