Prague groschen

Bohemian groschen, which actually Prague groschen ( Czech Pražské Grose, latin grossi Pragenses, Polish Grosze Praskie ) were, were influenced by the Czech King Wenceslas II in Kutna Hora from 1300. In the German -speaking area but had enforced the term Bohemian penny over time. In many German chronicles of the 13th and 15th centuries can be businesses that have been made with Bohemian groschen find.

Prague Groschen

In the 13th century have been discovered in Bohemia in Kutna Hora large Silbererzlager. In order to exploit the extracted silver, was the King of Bohemia Wenceslas II built a mint in Kutna Hora. The Prague groschen were minted not in Prague but in Kutna Hora; in Prague were minted at this time, only gold coins. The model for the Prague groschen was coined since 1266 French Tournose. The huge for that time amount of silver of about 6500-6800 kg per year yielded about 1650000-1770000 Prague groschen per year - enough to supply not only Bohemia but also Poland and large parts of the German Empire with dimes. Since the Prague groschen were minted later in worse quality, you sometimes find them with counter punches German towns through which the good were distinguished from the bad penny. As from 1520 in Joachimstal the valleys of the counts were dominated by silt, lost the Prague Groschen important. 1547 last Prague groschen were minted.

The Prague Groschen were after the replacement of Pfennig currency in the Margraviate of Meissen around 1338/39 model for the embossing of the defeated in the mint in Freiberg large scale Meissen groschen.

Münzentwertung

The Münzentwertung the Prague groschen has about as shown in the course of time (about weights in fine silver )

Here the development of German coinage represented in the 14th century: 4 Verding / Four Dung = 1 Mark, (1350 ) 1 V = 16 Bohemian groschen ( 1392 ) = 32 Bohemian groschen (about 1500-1550 ) = 4 shillings = 48 penny.