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129-601: While the first standard coin of the Holy Roman Empire was the Guldengroschen of 1524, its longest-lived coin was the Reichsthaler , which contained 1 ⁄ 9 Cologne Mark of fine silver (or 25.984 g), and which was issued in various versions from 1566 to 1875. From the 17th century a lesser-valued North German thaler currency unit emerged, which by the 19th century became par with

258-437: A lira was the only coin produced between 800-1200 CE. Initially weighing 1.7 g fine silver, it was gradually debased over the centuries until it contained only 0.08 g fine silver by 1200 CE. The Venetian grosso then became Venice's most important silver coin from the 13th to 15th centuries. It contained 2.1 g fine silver and was valued in 1200 CE at 26 denari piccoli , increasing to 48 piccoli by 1350. The lira di grossi

387-732: A "Byzantine-like presidency over a family of nations, centred on pope and emperor in Rome". This has proved a lasting achievement. Otto's early death though made his reign "the tale of largely unrealized potential". Henry II died in 1024 and Conrad II , first of the Salian dynasty , was elected king only after some debate among dukes and nobles. This group eventually developed into the college of electors . The Holy Roman Empire eventually came to be composed of four kingdoms: Kings often employed bishops in administrative affairs and often determined who would be appointed to ecclesiastical offices. In

516-541: A Cologne Mark of fine silver, or 25.984 g. It was widely adopted and produced for the next 300 years at rates varying from 9 to 9 1 ⁄ 4 Reichsthalers to the Mark . See the chronology of thaler development for the development of the Reichsthaler and related currency units from 1566 to 1875. Confusingly, there also was defined a North German thaler currency (also called Reichsthalers ) of less value to

645-818: A bullion entrepôt of the period, the Netherlands produced reichsthalers for Germany and Scandinavia, and exported leeuwendaalders to the Levant and the Ottoman Empire . The latter survives to this day in the form of the Bulgarian lev , Romanian leu , and Moldovan leu . Lion Daalders were used a lot in Europe, Africa, the Middle East and in what's now known as the USA. The city of New Amsterdam, currently New York,

774-485: A compromise candidate. Henry VII was crowned king at Aachen on 6 January 1309, and emperor by Pope Clement V on 29 June 1312 in Rome, ending the interregnum. During the 13th century, a general structural change in how land was administered prepared the shift of political power toward the rising bourgeoisie at the expense of the aristocratic feudalism that would characterize the Late Middle Ages . The rise of

903-637: A distortion of the name Joachim. The new large silver coins that became ubiquitous as the 16th century went on were named Thaler in German, while in England and France, they were named crown and écu , respectively, both names taken from what had originally been gold coins . The thaler size silver coins minted in Habsburg Spain was the eight real coin , later also known as peso and in English as

1032-665: A document in 1474. The adoption of this new name coincided with the loss of imperial territories in Italy and Burgundy to the south and west by the late 15th century, but also to emphasize the new importance of the German Imperial Estates in ruling the Empire due to the Imperial Reform . The Hungarian denomination "German Roman Empire" ( Hungarian : Német-római Birodalom ) is the shortening of this. By

1161-552: A far-reaching constitutional act. Frederick's policies were primarily directed at Italy, where he clashed with the free-minded cities of the north, especially the Duchy of Milan . He also embroiled himself in another conflict with the Papacy by supporting a candidate elected by a minority against Pope Alexander III (1159–1181). Frederick supported a succession of antipopes before finally making peace with Alexander in 1177. In Germany,

1290-488: A gradual development of the imperial role. While the office of emperor had been reestablished, the exact term for his realm as the "Holy Roman Empire" was not used until the 13th century, although the emperor's theoretical legitimacy from the beginning rested on the concept of translatio imperii , that he held supreme power inherited from the ancient emperors of Rome . Nevertheless, in the Holy Roman Empire,

1419-415: A legal system of jurisdiction and public prosecution of criminal acts – a predecessor of the modern concept of rule of law . Another new concept of the time was the systematic founding of new cities by the emperor and by the local dukes. These were partly a result of the explosion in population; they also concentrated economic power at strategic locations. Before this, cities had only existed in

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1548-466: A point that silver content in Groschen -type coins had dropped, in some cases, to less than five percent, making the coins of much less individual value than they had in the beginning. This trend was inverted with the discovery of new and substantial silver deposits in Europe beginning in about the 1470s. Italy began the first tentative steps toward a large silver coinage with the introduction in 1472 of

1677-600: A public ban and the confiscation of all Henry's territories. In 1190, Frederick participated in the Third Crusade , dying in the Armenian Kingdom of Cilicia . During the Hohenstaufen period, German princes facilitated a successful, peaceful eastward settlement of lands that were uninhabited or inhabited sparsely by West Slavs . German-speaking farmers, traders, and craftsmen from the western part of

1806-578: A remarkable change in terminology as well. the Statutum affirmed a division of labor between the emperor and the princes and laid much groundwork for the development of particularism in Germany. Even so, from 1232 the vassals of the emperor had a veto over imperial legislative decisions and any new law established by the emperor had to be approved by the princes. These provisions not withstanding, royal power in Germany remained strong under Frederick and by

1935-426: A series of revolts from a younger brother and from several dukes. After that, the king managed to control the appointment of dukes and often also employed bishops in administrative affairs. He replaced leaders of most of the major East Frankish duchies with his own relatives. At the same time, he was careful to prevent members of his own family from making infringements on his royal prerogatives. In 951, Otto came to

2064-732: A truce with the raiding Magyars , and in 933 he won a first victory against them in the Battle of Riade . Henry died in 936, but his descendants, the Liudolfing (or Ottonian) dynasty , would continue to rule the Eastern kingdom or the Kingdom of Germany for roughly a century. Upon Henry the Fowler's death, Otto , his son and designated successor, was elected king in Aachen in 936. He overcame

2193-542: A weight of 6 grams. Even these coins were increasingly debased due to the Great Bullion Famine of the 15th century which occurred for several reasons including continued warfare and the centuries-long loss of silver and gold in indirect one-sided trades importing spices , porcelain , silk and other fine cloths and exotic goods from India, Indonesia and the Far East. This continual debasement had reached

2322-465: Is the subject of debates: on one hand, it helped to restore peace in the lands of the Empire, that had been engulfed in civil conflicts after the end of the Hohenstaufen era; on the other hand, the "blow to central authority was unmistakable". Thomas Brady Jr. opines that Charles IV's intention was to end contested royal elections (from the Luxembourghs' perspective, they also had the advantage that

2451-517: Is unlikely that a particularly "strong ruler" such as Frederick II would have even pragmatically agreed to legislation that was truly concessionary rather than cooperative, neither would the princes have insisted on such. The Mainz Landfriede or Constitutio Pacis , decreed at the Imperial Diet of 1235, became one of the basic laws of the empire and provided that the princes should share the burden of local government in Germany. The authority of

2580-695: The Vereinsthaler . The thaler silver coin type continued to be minted until the 20th century in the form of the Mexican peso until 1914, the five Swiss franc coin until 1928, the US silver dollar until 1935, and the Austrian Maria Theresa thaler . These days thaler-sized silver coins are not in active circulation anymore, but are minted by various government mints as bullion or numismatic items for collectors. The current derivative of

2709-717: The Swedish riksdaler (1604) and the Danish rigsdaler (1625). In the early 19th century, these countries introduced their modern currency based on the daler unit. In Norway, speciedaler was chosen as the currency name in 1816. These currencies in Denmark and Sweden were replaced by the Danish krone and Swedish krona in 1873, the new currencies introduced by the Scandinavian Monetary Union . Norway joined

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2838-573: The Age of Discovery in the 16th century; nonetheless Venice continued to issue new coins. The scudo d'argento of 30.1 g fine silver was introduced in 1578 for 7 lire, rising to 12.4 lire by 1739. The tollero of 23.4 g fine silver was issued in 1797 for 10 lire. The Venetian lira piccola was supplanted in the 19th century by the Italian lira of the Napoleonic Kingdom of Italy in 1806 and

2967-670: The Baltic Sea , the North Sea and along the connected navigable rivers. Each of the affiliated cities retained the legal system of its sovereign and, with the exception of the Free imperial cities , had only a limited degree of political autonomy. By the late 14th century, the powerful league enforced its interests with military means, if necessary. This culminated in a war with the sovereign Kingdom of Denmark from 1361 to 1370. The league declined after 1450. The difficulties in electing

3096-620: The Bohemian lion . Similar coins began to be minted in neighbouring valleys rich in silver deposits, each named after the particular 'thal' or valley from which the silver was extracted. There were soon so many of them that these silver coins began to be known more widely as 'thaler' in German and 'tolar' in Czech. In the 17th century, some Joachimsthalers were in circulation in the Tsardom of Russia , where they were called yefimok ( ефимок ) –

3225-680: The French franc was established, with the 5-franc coin of 25.0 g, 90% fine silver being closest in size to the thalers used elsewhere. The French franc system would be expanded to other countries in the advent of the Latin Monetary Union of 1865. The Thirteen Cantons of the Old Swiss Confederacy and their Associates each minted their own coins, with most larger silver coins conforming to established German or French standards. Thaler and half thaler coins were minted by

3354-709: The Jagiellonian dynasty , a guldiner was minted — of similar physical size but slightly less fineness —that was named in German the Joachimsthaler , from the silver mined by the Counts of Schlick at a rich source near Joachimsthal (today Jáchymov in the Czech Republic ) where Thal (Tal) means "valley" in German. Saint Joachim , the father of the Virgin Mary , was portrayed on the coin along with

3483-769: The Lombardy-Venetian lira of the Austrian Empire . The Italian lira was reintroduced by the Republic of San Marco in 1848 at par with the French franc , which finally replaced all previous currencies as well as the lira piccola , with the latter valued at 0.5116 Italian lira. A huge variety of coins were minted under their post-1750 currency system when the lira piccola contained 2.4 grams fine silver, with many coins having unique names as follows: The provisional government issued silver tolleros worth 10 lire piccoli in 1797. These were followed during

3612-747: The Netherlands include the daalder , the rijksdaalder and the leeuwendaalder . From 1754, many German states used the Conventionsthaler as well as a lower-valued North German thaler or Reichsthaler worth 3 ⁄ 4 the Conventionsthaler. From 1840 the various North German thalers converged to the value of the Prussian thaler and afterwards the Vereinsthaler . The corresponding English silver coin of

3741-793: The Prussians in 1226. The monastic state of the Teutonic Order ( Deutschordensstaat ) and its later German successor state of the Duchy of Prussia was never part of the Holy Roman Empire. Under the son and successor of Frederick Barbarossa, Henry VI , the Hohenstaufen dynasty reached its apex, with the addition of the Norman kingdom of Sicily through the marriage of Henry VI and Constance of Sicily . Bohemia and Poland were under feudal dependence, while Cyprus and Lesser Armenia also paid homage. The Iberian-Moroccan caliph accepted his claims over

3870-541: The Renaissance than were other artists, began creating intricate and elaborate designs featuring the heraldic arms and standards of the minting state as well as brutally realistic, sometimes unflattering, depictions of the ruler (monarch). By 1518, guldiners of similar weight to guldengroschen were popping up everywhere in central Europe. In the Kingdom of Bohemia , then ruled together with Hungary by Louis II of

3999-576: The Sixth Crusade in 1228, which ended in negotiations and a temporary restoration of the Kingdom of Jerusalem . For his many-sided activities, prestige, and dynamic personality Frederick II has been called the greatest of all the medieval German emperors. In the Kingdom of Sicily and much of Italy, Frederick built upon the work of his Norman predecessors and forged an early absolutist state bound together by an efficient secular bureaucracy. Despite his imperial prestige and power, Frederick II's rule

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4128-460: The Venetian lira tron in excess of 6 grams, a substantial increase over the 4-gram gros tournois of France. However, it was only in 1484 that Archduke Sigismund of Tirol issued the first truly revolutionary silver coin, the half Guldengroschen of roughly 15 g. This was a very rare coin, almost a trial piece, but it did circulate so successfully that demand could not be met. Finally, with

4257-711: The Vereinsthaler . The Maria Theresa taler became the de facto currency of the Ethiopian Empire in the late 18th century, with the Ethiopian birr introduced at par with this taler, and it continued to be in use into the 20th century in the Horn of Africa , Eastern Africa , India and throughout much of the Arabian Peninsula . Though various silver thaler coins were minted in most of Europe until

4386-475: The cities and the emergence of the new burgher class eroded the societal, legal and economic order of feudalism. Peasants were increasingly required to pay tribute to their landlords. The concept of property began to replace more ancient forms of jurisdiction, although they were still very much tied together. In the territories (not at the level of the Empire), power became increasingly bundled: whoever owned

4515-511: The lira di grossi gave way to the ducat accounting unit, equal to 1 ⁄ 10 the lira di grossi or 24 grossi , and fixed at 6.2 lire or 124 soldi piccoli . Confusion then set in the 16th century when the accounting ducat became worth less than the gold ducat, leading to the gold coin being called the zecchino (English: sequin ) and understood to be worth more than the accounting ducat of 6.2 lire. The various currency systems of Italy became of less importance to European trade after

4644-573: The patriarch of Constantinople . Charlemagne's good service to the Church in his defense of Papal possessions against the Lombards made him the ideal candidate. On Christmas Day of 800, Pope Leo III crowned Charlemagne emperor, restoring the title in the West for the first time in over three centuries. This can be seen as symbolic of the papacy turning away from the declining Byzantine Empire toward

4773-545: The " Spanish dollar ". The first large silver coin standardized by the Holy Roman Empire was the Guldengroschen in 1524. Under the new Imperial Minting Standard ( Reichsmünzfuß ) it weighed 1 ⁄ 8 th a Cologne Mark of silver or 29.232 g, and had a fineness 0.9375. However, its longest-lasting standard coin was the Reichsthaler ("imperial thaler") defined in 1566 as containing 1 ⁄ 9 th

4902-415: The 1240s the crown was still rich in fiscal resources, land holdings, retinues, and all other rights, revenues, and jurisdictions. Frederick II used the political loyalty and practical jurisdictions granted to the higher German aristocracy to impose peace, order, and justice upon Germany. The jurisdictional autarky of the German princes was favoured by the crown itself in the twelfth and thirteenth centuries in

5031-594: The 1530s enabled the massive minting of Spain's eight-real coin well into the 20th century, weighing 27.47 g, 0.9306 fine. Being of nearly identical weight to the German reichsthaler, British colonists in North America eventually called the Spanish coin the dollar, which became the model for the U.S. dollar and the Canadian dollar . The rise of German and Spanish dollars in 16th century European trade lessened

5160-500: The 1870s, these coins were more often counted in non-thaler currency units like Dutch or Austrian guilders, French francs, Spanish reales, etc. By the mid-19th century the thaler (or reichsthaler, rigsdaler) was still the currency unit used in the North German Confederation and Scandinavia . By 1875 the thaler itself disappeared as currency unit in Europe upon adoption of the gold standard . Nonetheless, use of

5289-465: The 8th century CE, with the lira subdivided into 20 soldi , each of 12 denari . From its initial value of 305.94 g fine silver, the Venetian lira had depreciated so much in value over its 1,000-year lifetime that this original unit was referred to from 1200 CE as the lira piccola (small lira) in comparison to larger units of the same name. The denaro or piccolo worth 1 ⁄ 240 th

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5418-427: The Bald ) and then the eastern ( Charles the Fat ), who briefly reunited the Empire, attaining the prize. In the 9th century, Charlemagne and his successors promoted the intellectual revival, known as the Carolingian Renaissance . Some, like Mortimer Chambers, opine that the Carolingian Renaissance made possible the subsequent renaissances (even though by the early 10th century, the revival already diminished). After

5547-436: The Burgundian territories lost to France . Although the Italian territories were formally part of the empire, the territories were ignored in the Imperial Reform and splintered into numerous de facto independent territorial entities. The status of Italy in particular varied throughout the 16th to 18th centuries. Some territories like Piedmont-Savoy became increasingly independent, while others became more dependent due to

5676-436: The Carolingian king Louis the Child died without issue in 911, East Francia did not turn to the Carolingian ruler of West Francia to take over the realm but instead elected one of the dukes, Conrad of Franconia , as Rex Francorum Orientalium . On his deathbed, Conrad yielded the crown to his main rival, Henry the Fowler of Saxony ( r.  919–936 ), who was elected king at the Diet of Fritzlar in 919. Henry reached

5805-455: The Cross of Burgundy) in 1567, and then the leeuwendaalder (the "lion thaler", depicting the Belgic Lion) in 1575, the latter of weight 27.68 g (427.2 grains) and 0.743 fineness. With the growing popularity of the German reichsthaler , however, the Republic of the Seven United Netherlands had to follow up with their own Dutch rijksdaalder in 1583, of weight 29.03 g (448 grains) and 0.885 fineness, and featuring an armored half bust of William

5934-417: The Emperor's legitimacy always rested on the concept of translatio imperii , that he held supreme power inherited from the ancient emperors of Rome . In a decree following the Diet of Cologne in 1512, the name was changed to the Holy Roman Empire of the German Nation ( German : Heiliges Römisches Reich Deutscher Nation , Latin : Sacrum Imperium Romanum Nationis Germanicae ), a form first used in

6063-426: The Empire were gradually reduced. Charles IV set Prague to be the seat of the Holy Roman emperor. After the death of Frederick II in 1250, Conrad IV , Frederick's son (died 1254), enjoyed a strong position having defeated his papal-backed rival anti-king , William of Holland (died 1256). However, Conrad's death was followed by the Interregnum , during which no king could achieve universal recognition, allowing

6192-491: The Empire, both Christians and Jews, moved into these areas. The gradual Germanization of these lands was a complex phenomenon that should not be interpreted in the biased terms of 19th-century nationalism . The eastward settlement expanded the influence of the empire to include Pomerania and Silesia , as did the intermarriage of the local, still mostly Slavic, rulers with German spouses. The Teutonic Knights were invited to Prussia by Duke Konrad of Masovia to Christianize

6321-422: The Franks and began an extensive expansion of the realm. He eventually incorporated the territories of present-day France, Germany, northern Italy, the Low Countries and beyond, linking the Frankish kingdom with Papal lands. Although antagonism about the expense of Byzantine domination had long persisted within Italy, a political rupture was set in motion in earnest in 726 by the iconoclasm of Emperor Leo III

6450-505: The French écu or laubthaler of 26.7 g fine silver as its most widely used thaler, valued at 4 livres (francs) or 40 batzen of Bern. In 1798 this system was adopted by the Helvetic Confederation with the first Swiss franc equal to 1 ⁄ 4 th an écu. Eventual transition to this first new Swiss franc stalled in the 19th century while public preference shifted to the South German Kronenthaler of 25.71 g fine silver, valued at 3.9 francs or 39 batzen. In 1850 Switzerland established

6579-429: The German Nation after 1512, was a polity in Central and Western Europe , usually headed by the Holy Roman Emperor . It developed in the Early Middle Ages and lasted for almost a thousand years until its dissolution in 1806 during the Napoleonic Wars . On 25 December 800, Pope Leo III crowned Frankish king Charlemagne as Roman emperor, reviving the title in Western Europe more than three centuries after

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6708-444: The Holy Roman emperor seized the city. Otto died young in 1002, and was succeeded by his cousin Henry II , who focused on Germany. Otto III's (and his mentor Pope Sylvester's) diplomatic activities coincided with and facilitated the Christianization and the spread of Latin culture in different parts of Europe. They coopted a new group of nations (Slavic) into the framework of Europe, with their empire functioning, as some remark, as

6837-403: The Isaurian , in what Pope Gregory II saw as the latest in a series of imperial heresies. In 797, the Eastern Roman Emperor Constantine VI was removed from the throne by his mother, Empress Irene , who declared herself sole ruler. As the Latin Church only regarded a male Roman emperor as the head of Christendom , Pope Leo III sought a new candidate for the dignity, excluding consultation with

6966-503: The King of Bohemia had a permanent and preeminent status as one of the Electors himself). At the same time, he built up Bohemia as the Luxembourghs' core land of the Empire and their dynastic base. His reign in Bohemia is often considered the land's Golden Age. According to Brady Jr. though, under all the glitter, one problem arose: the government showed an inability to deal with the German immigrant waves into Bohemia, thus leading to religious tensions and persecutions. The imperial project of

7095-426: The Latin Monetary Union (among them France, Belgium, Switzerland), and the Greek 5-drachma coin (τάληρο, taliro). Thaler-sized coins minted to late-19th century standards would be minted until 1914 in Mexico and in most of Europe, until 1928 in Switzerland, and until 1934 in the United States. Henceforth thaler-sized silver coins would be minted as bullion or numismatic pieces, among them: Unrelated to specific coins,

7224-427: The Luxembourgh halted under Charles's son Wenceslaus (reigned 1378–1419 as King of Bohemia, 1376–1400 as King of the Romans), who also faced opposition from 150 local baronial families. Venetian lira The lira (plural lire ) was the distinct currency of Venice until 1848, when it was replaced by the Italian lira . It originated from the Carolingian monetary system used in much of Western Europe since

7353-401: The Monetary Union and introduced the Norwegian krone in 1876. At the beginning of the 19th century the South German states valued the Conventionsthaler at 2.4 South German gulden , or 9.744 grams fine silver per gulden. Afterwards, however, they began to mint the Kronenthaler valued at 2.7 gulden - hence a reduced fine silver content for the gulden at 9.52 g. In 1837, the Prussian thaler

7482-419: The Ottonian kings actually built their empire on the back of military and bureaucratic apparatuses as well as the cultural legacy they inherited from the Carolingians, who ultimately inherited these from the Late Roman Empire. He argues that the Ottonian empire was hardly an archaic kingdom of primitive Germans, maintained by personal relationships only and driven by the desire of the magnates to plunder and divide

7611-521: The Reich", which tied the great imperial churches and their representatives to imperial service, thus providing "a stable and long-lasting framework for Germany". During the Ottonian era, imperial women played a prominent role in political and ecclesiastic affairs, often combining their functions as religious leader and advisor, regent or co-ruler, notably Matilda of Ringelheim , Eadgyth , Adelaide of Italy , Theophanu , and Matilda of Quedlinburg . In 963, Otto deposed John XII and chose Leo VIII as

7740-427: The Silent . Friesland , Gelderland , Holland , Kampen , Overijssel , Utrecht , West Friesland , Zeeland , and Zwolle minted armored half bust rijksdaalders until the end of the 17th century. The pace of depreciation of the small-denomination stuiver quickened from the 1570s, with the leeuwendaalder rising from 32 to 40 stuivers by 1619, and the rijksdaalder from 42 to 50 stuivers. The Amsterdam Wisselbank

7869-453: The Welfs from their possessions, but after his death in 1152, his nephew Frederick Barbarossa succeeded him and made peace with the Welfs, restoring his cousin Henry the Lion to his – albeit diminished – possessions. The Hohenstaufen rulers increasingly lent land to " ministeriales ", formerly non-free servicemen, who Frederick hoped would be more reliable than dukes. Initially used mainly for war services, this new class of people would form

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7998-403: The aid of Queen Adelaide of Italy , defeating her enemies, marrying her, and taking control over Italy. In 955, Otto won a decisive victory over the Magyars in the Battle of Lechfeld . In 962, Otto was crowned emperor by Pope John XII , thus intertwining the affairs of the German kingdom with those of Italy and the Papacy. Otto's coronation as emperor marked the German kings as successors to

8127-500: The backing of the French Pope, Clement V (established at Avignon in 1309), and that his prospects of bringing the empire into the orbit of the French royal house were good. He lavishly spread French money in the hope of bribing the German electors. Although Charles of Valois had the backing of pro-French Henry, Archbishop of Cologne , many were not keen to see an expansion of French power, least of all Clement V. The principal rival to Charles appeared to be Count Palatine Rudolf II . But

8256-415: The basis for the later knights , another basis of imperial power. A further important constitutional move at Roncaglia was the establishment of a new peace mechanism for the entire empire, the Landfrieden , with the first imperial one being issued in 1103 under Henry IV at Mainz . This was an attempt to abolish private feuds, between the many dukes and other people, and to tie the emperor's subordinates to

8385-453: The cities of Zürich (1512), Bern , Lucerne, Zug, Basel, Fribourg, Solothurn , Schaffhausen, St. Gallen and Geneva . The Reformed cities began to represent "city views" on the obverse of their thalers, as they did not have the option to represent either patron saint or ruling princes. The first city view thaler of Zürich was minted in 1651 (the so-called Vögelitaler ). By the 18th century, Bern and many Western Swiss cantons adopted

8514-467: The crown was not in question, rather its practical allocation in such a wide region which lacked a general administrative apparatus. Far from a broad diminution of royal power, the Mainz Landfriede was a constitutional recalibration based on the culmination of multi-decade political realities and a testament to Frederick II's considerable political strength, his increased prestige during the early 1230s, and sheer overpowering might that he succeeded in securing

8643-433: The death of Charles the Fat in 888, the Carolingian Empire broke apart, and was never restored. According to Regino of Prüm , the parts of the realm "spewed forth kinglets", and each part elected a kinglet "from its own bowels". The last such emperor was Berengar I of Italy , who died in 924. Around 900, East Francia's autonomous stem duchies ( Franconia , Bavaria , Swabia , Saxony , and Lotharingia ) reemerged. After

8772-428: The demand for French silver francs and testoons . In 1641 King Louis XIII therefore introduced a new Louis d'Argent equal to the Spanish dollar and worth three livres tournois , weighing 27.19 g and 0.917 fine. In 1726 France issued its own thaler coin, the silver écu of 6 livres with about 26.7 g fine silver; it would also find currency in Southern Germany and Switzerland as the laubthaler . Finally, in 1795

8901-507: The dissolution of the Empire. At the conclusion of the Napoleonic Wars in 1815, most of the Holy Roman Empire was included in the German Confederation , with the main exceptions being the Italian states. As Roman power in Gaul declined during the 5th century, local Germanic tribes assumed control. In the late 5th and early 6th centuries, the Merovingians , under Clovis I and his successors, consolidated Frankish tribes and extended hegemony over others to gain control of northern Gaul and

9030-503: The dual election of Frederick Barbarossa's youngest son Philip of Swabia and Henry the Lion's son Otto of Brunswick , who competed for the crown. After Philip was murdered in a private squabble in 1208, Otto prevailed for a while, until he began to also claim Sicily. Pope Innocent III , who feared the threat posed by a union of the empire and Sicily, was now supported by Frederick II, who marched to Germany and defeated Otto. After his victory, Frederick did not act upon his promise to keep

9159-402: The electors, the great territorial magnates who had lived without a crowned emperor for decades, were unhappy with both Charles and Rudolf. Instead Count Henry of Luxembourg , with the aid of his brother, Archbishop Baldwin of Trier , was elected as Henry VII with six votes at Frankfurt on 27 November 1308. Though a vassal of King Philip, Henry was bound by few national ties, and thus suitable as

9288-471: The emperor had repeatedly protected Henry the Lion against complaints by rival princes or cities (especially in the cases of Munich and Lübeck ). Henry gave only lackluster support to Frederick's policies, and, in a critical situation during the Italian wars, Henry refused the emperor's plea for military support. After returning to Germany, an embittered Frederick opened proceedings against the duke, resulting in

9417-492: The empire after the Imperial Reform was a political body of remarkable longevity and stability, and "resembled in some respects the monarchical polities of Europe's western tier, and in others the loosely integrated, elective polities of East Central Europe." The new corporate German Nation, instead of simply obeying the emperor, negotiated with him. On 6 August 1806, Emperor Francis II abdicated and formally dissolved

9546-705: The empire following the creation – the month before, by French emperor Napoleon – of the Confederation of the Rhine , a confederation of German client states loyal not to the Holy Roman emperor but to France. Since Charlemagne , the realm was merely referred to as the Roman Empire . The term sacrum ("holy", in the sense of "consecrated") in connection with the medieval Roman Empire was used beginning in 1157 under Frederick I Barbarossa ("Holy Empire"):

9675-586: The empire of Charlemagne, which through the concept of translatio imperii , also made them consider themselves as successors to Ancient Rome. The flowering of arts beginning with Otto the Great's reign is known as the Ottonian Renaissance , centered in Germany but also happening in Northern Italy and France. Otto created the imperial church system, often called "Ottonian church system of

9804-494: The end of the German Empire , it was often called "the old Empire" ( das alte Reich ). Beginning in 1923, early twentieth-century German nationalists and Nazi Party propaganda would identify the Holy Roman Empire as the "First" Reich ( Erstes Reich , Reich meaning empire), with the German Empire as the "Second" Reich and what would eventually become Nazi Germany as the "Third" Reich. David S. Bachrach opines that

9933-483: The end of the 18th century, the term "Holy Roman Empire of the German Nation" fell out of official use. Contradicting the traditional view concerning that designation, Hermann Weisert has argued in a study on imperial titulature that, despite the claims of many textbooks, the name "Holy Roman Empire of the German Nation" never had an official status and points out that documents were thirty times as likely to omit

10062-466: The expected invasion. Henry also had plans for turning the Empire into a hereditary monarchy, although this met with opposition from some of the princes and the pope. The emperor suddenly died in 1197, leading to the partial collapse of his empire. As his son, Frederick II , though already elected king, was still a small child and living in Sicily, German princes chose to elect an adult king, resulting in

10191-644: The extinction of their ruling noble houses causing these territories to often fall under the dominions of the Habsburgs and their cadet branches . Barring the loss of Franche-Comté in 1678 , the external borders of the Empire did not change noticeably from the Peace of Westphalia – which acknowledged the exclusion of Switzerland and the Northern Netherlands, and the French protectorate over Alsace – to

10320-528: The fall of the ancient Western Roman Empire in 476. The title lapsed in 924, but was revived in 962 when Otto I was crowned emperor by Pope John XII , fashioning himself as Charlemagne's and the Carolingian Empire 's successor, and beginning a continuous existence of the empire for over eight centuries. From 962 until the 12th century, the empire was one of the most powerful monarchies in Europe. The functioning of government depended on

10449-575: The fields of Roncaglia in 1158 reclaimed imperial rights in reference to Justinian I 's Corpus Juris Civilis . Imperial rights had been referred to as regalia since the Investiture Controversy but were enumerated for the first time at Roncaglia. This comprehensive list included public roads, tariffs, coining , collecting punitive fees, and the seating and unseating of office-holders. These rights were now explicitly rooted in Roman law ,

10578-439: The first half of the 17th century (e.g. Augsburg 1627, Nürnberg 1631). The type continues to be popular throughout the 18th century, culminating in detailed city panoramas rendered in one-point perspective . In the late 16th and 17th centuries, there was a fashion of oversized thaler coins, the so-called "multiple thalers", often called Löser in Germany. The first were minted in the Duchy of Brunswick-Luneburg , and indeed

10707-408: The form of old Roman foundations or older bishoprics . Cities that were founded in the 12th century include Freiburg , possibly the economic model for many later cities, and Munich . Frederick Barbarossa was crowned emperor in 1155. He emphasized the "Romanness" of the empire, partly in an attempt to justify the power of the emperor independent of the (now strengthened) pope. An imperial assembly at

10836-452: The harmonious cooperation between emperor and vassals; this harmony was disturbed during the Salian period. The empire reached the apex of territorial expansion and power under the House of Hohenstaufen in the mid-13th century, but overextension of its power led to a partial collapse. Scholars generally describe an evolution of the institutions and principles constituting the empire, and

10965-432: The imperial office was traditionally elective by the mostly German prince-electors . In theory and diplomacy, the emperors were considered the first among equals of all Europe's Catholic monarchs. A process of Imperial Reform in the late 15th and early 16th centuries transformed the empire, creating a set of institutions which endured until its final demise in the 19th century. According to historian Thomas Brady Jr.,

11094-677: The inflationary period following its defeat in the First World War. The Maria Theresa thaler , the most famous example of the Conventionsthaler minted from 1751, enjoyed a special role as trade currency and continued to be minted long after the death of Maria Theresa in 1780, with coins minted after her death always showing the year 1780. Francis Joseph of Austria declared it an official trade coinage in 1857 just before it lost legal tender status in Austria following issue of

11223-457: The interests of order and local peace. The inevitable result was the territorial particularism of churchmen, lay princes, and interstitial cities. However, Frederick was a ruler of vast territories and "could not be everywhere at once". The transference of jurisdiction was a practical solution to secure the further support of the German princes and, moreover, was a process which had already been underway even under Henry VI and Frederick Barbarossa. It

11352-579: The king eventually led to the emergence of a fixed college of prince-electors ( Kurfürsten ), whose composition and procedures were set forth in the Golden Bull of 1356 , issued by Charles IV (reigned 1355–1378, King of the Romans since 1346), which remained valid until 1806. This development probably best symbolizes the emerging duality between emperor and realm ( Kaiser und Reich ), which were no longer considered identical. The Golden Bull also set forth

11481-414: The king of the sacral status he had previously enjoyed. The pope and the German princes had surfaced as major players in the political system of the Holy Roman Empire. As the result of Ostsiedlung, less populated regions of Central Europe (i.e. sparsely populated border areas in present-day Poland and Czechia) received a significant number of German speakers. Silesia became part of the Holy Roman Empire as

11610-399: The king, declared him deposed, and dissolved the oaths of loyalty made to Henry. The king found himself with almost no political support and was forced to make the famous Walk to Canossa in 1077, by which he achieved a lifting of the excommunication at the price of humiliation. Meanwhile, the German princes had elected another king, Rudolf of Swabia . Henry managed to defeat Rudolf, but

11739-411: The land had jurisdiction, from which other powers derived. Jurisdiction at the time did not include legislation, which was virtually nonexistent until well into the 15th century. Court practice heavily relied on traditional customs or rules described as customary. During this time, territories began to transform into the predecessors of modern states. The process varied greatly among the various lands and

11868-563: The late 16th century, the word was variously spelled as German taler , toler , thaler , thaller ; Low German daler , dahler . In 18th to 19th-century German orthography, Thaler became standard, changed to Taler in the 1902 spelling reform . The name taler , thaler was soon used in compounds denoting various types of silver coins of thaler size, thus Reichstaler (1566), Silbertaler , Albertustaler (1612), Laubthaler (1726), Kronenthaler (1755), Ortsthaler , Schützentaler , Bankthaler , Speciethaler , etc. Units used in

11997-459: The majority were struck there. Some of these coins reached colossal size, as much as sixteen normal thalers, exceeding a full pound (over 450 g) of silver and being over 12 cm (5 in) in diameter. The name Löser most likely was derived from a large gold coin minted in Hamburg called the portugalöser , worth 10 ducats, which were based on Portuguese 10-ducat coins. Eventually the term

12126-643: The middle Rhine river valley region. By the middle of the 8th century, the Merovingians were reduced to figureheads, and the Carolingians , led by Charles Martel , became the de facto rulers. In 751, Martel's son Pepin became King of the Franks, and later gained the sanction of the Pope. The Carolingians would maintain a close alliance with the Papacy. In 768, Pepin's son Charlemagne became King of

12255-583: The moderately powerful but already old duke of Saxony. When he died in 1137, the princes again aimed to check royal power; accordingly they did not elect Lothair's favoured heir, his son-in-law, Henry the Proud of the Welf family, but Conrad III of the Hohenstaufen family, the grandson of Emperor Henry IV and nephew of Emperor Henry V. This led to over a century of strife between the two houses. Conrad ousted

12384-439: The modern-day Swiss franc at par with the French franc , with 40 Swiss francs exchanged for 7 kronenthaler. The five-franc coin of 25.0 g, 90% fine silver became the coin with the closest value to the different historical thalers. The name thaler was introduced to Scandinavia as daler . The first Swedish daler coins were minted in 1534. The Norwegian speciedaler was minted from 1560. Later Scandinavian daler coins included

12513-576: The name of the thaler survives in various modern currency names, in the form dollar in twenty-three currencies used in countries including Australia, Canada, Hong Kong, New Zealand and the United States of America, and also in the Samoan tālā and the Slovenian tolar (before adoption of the euro). Holy Roman Empire The Holy Roman Empire , also known as the Holy Roman Empire of

12642-430: The name, dollar ( first Spanish and now mostly English), also survives as the name of several modern currencies. German taler is recorded from the 1530s, as an abbreviation of Joachimstaler . The silver mines at Joachimstal had opened in 1516, and the first such coins were minted there in 1518. The original spelling was taler (so Alberus 1540). German -taler means "of the valley" (cf. Neanderthaler ). By

12771-454: The national suffix as include it. In a famous assessment of the name, the political philosopher Voltaire remarked sardonically: "This body which was called and which still calls itself the Holy Roman Empire was in no way holy, nor Roman, nor an empire." In the modern period, the Empire was often informally called the German Empire ( Deutsches Reich ) or Roman-German Empire ( Römisch-Deutsches Reich ). After its dissolution through

12900-458: The new pope (although John XII and Leo VIII both claimed the papacy until 964, when John XII died). This also renewed the conflict with the Byzantine emperor, especially after Otto's son Otto II ( r.  967–983 ) adopted the designation imperator Romanorum . Still, Otto II formed marital ties with the east when he married the Byzantine princess Theophanu . Their son, Otto III , came to

13029-544: The new power of Carolingian Francia . Charlemagne adopted the formula Renovatio imperii Romanorum ("renewal of the Roman Empire"). In 802, Irene was overthrown and exiled by Nikephoros I and henceforth there were two Roman emperors. After Charlemagne died in 814, the imperial crown passed to his son, Louis the Pious . Upon Louis' death in 840, it passed to his son Lothair , who had been his co-ruler. By this point

13158-464: The original Reichsthaler specie of 9 1 ⁄ 4 to a Mark as their standard coin until 1875. The "city view" thalers of the 17th and 18th century have predecessors in stylised representations of cities (as three towers, or a city gate) on the obverse of thaler coins in the late 16th century, such as the Lüneburg thaler of Rudolf II made in 1584. More elaborate city views become current in

13287-631: The period was the crown . The Low German word was adopted in English as daler by 1550, modified to dollar by about 1600. English thaler was introduced in the first half of the 19th century to refer to the coins of the German states, as the word dollar was increasingly understood to refer to the United States dollar . The development of large silver coins is an innovation of the beginning Early Modern period . The largest medieval silver coins were known as groat (German Groschen ), from denarius grossus or "thick penny". These rarely exceeded

13416-455: The princes to consolidate their holdings and become even more independent as rulers. After 1257, the crown was contested between Richard of Cornwall , who was supported by the Guelph party , and Alfonso X of Castile , who was recognized by the Hohenstaufen party but never set foot on German soil. After Richard's death in 1273, Rudolf I of Germany , a minor pro-Hohenstaufen count, was elected. He

13545-510: The princes' support and rebound them to Hohenstaufen power. The Kingdom of Bohemia was a significant regional power during the Middle Ages . In 1212, King Ottokar I (bearing the title "king" since 1198) extracted a Golden Bull of Sicily (a formal edict) from Emperor Frederick II, confirming the royal title for Ottokar and his descendants, and the Duchy of Bohemia was raised to a kingdom. Bohemia's political and financial obligations to

13674-576: The result of the local Piast dukes' push for autonomy from the Polish Crown. From the late 12th century, the Duchy of Pomerania was under the suzerainty of the Holy Roman Empire and the conquests of the Teutonic Order made that region German-speaking. When the Salian dynasty ended with Henry V's death in 1125, the princes chose not to elect the next of kin, but rather Lothair III ,

13803-411: The rewards among themselves but instead, notable for their abilities to amass sophisticated economic, administrative, educational and cultural resources that they used to serve their enormous war machine. Until the end of the 15th century, the empire was in theory composed of three major blocs – Italy , Germany and Burgundy . Later territorially only the Kingdom of Germany and Bohemia remained, with

13932-516: The right to build fortification. The 1232 Statutum in favorem principum mostly extended these privileges to secular territories. Although many of these privileges had existed earlier, they were now granted globally, and once and for all, to allow the German princes to maintain order north of the Alps while Frederick concentrated on Italy. The 1232 document marked the first time that the German dukes were called domini terrae , owners of their lands,

14061-466: The silver deposits—being mined at Schwaz —to work with and his mint at Hall , Sigismund issued, in 1486, large numbers of the first true thaler-sized coin, the Guldengroschen ("gold-groat", being of silver but equal in value to a Goldgulden). It was an instant and unqualified success. Soon it was being copied widely by many states who had the necessary silver. The engravers, no less affected by

14190-409: The standard Reichsthaler specie coin; this thaler was worth 12 to a Mark after 1690, 13 1 ⁄ 3 to a Mark after 1754, and 14 to a Mark (the Prussian thaler ) by the 1840s. Furthermore, in 1754 a Conventionsthaler was developed by the Austrian Empire minted at 10 to a Mark of fine silver. While it was adopted by most German states, Scandinavia and a few North German states retained

14319-476: The suzerainty over Tunis and Tripolitania and paid tribute. Fearing the power of Henry, the most powerful monarch in Europe since Charlemagne, the other European kings formed an alliance. But Henry broke this coalition by blackmailing English king Richard the Lionheart . The Byzantine emperor worried that Henry would turn his Crusade plan against his empire, and began to collect the alamanikon to prepare against

14448-472: The system for election of the Holy Roman Emperor. The emperor now was to be elected by a majority rather than by consent of all seven electors. For electors the title became hereditary, and they were given the right to mint coins and to exercise jurisdiction. Also it was recommended that their sons learn the imperial languages – German , Latin , Italian , and Czech . The decision by Charles IV

14577-495: The term was added to reflect Frederick's ambition to dominate Italy and the Papacy . The form "Holy Roman Empire" is attested from 1254 onward. The exact term "Holy Roman Empire" was not used until the 13th century, before which the empire was referred to variously as universum regnum ("the whole kingdom", as opposed to the regional kingdoms), imperium christianum ("Christian empire"), or Romanum imperium ("Roman empire"), but

14706-617: The territory of Charlemagne was divided into several territories ( cf . Treaty of Verdun , Treaty of Prüm , Treaty of Meerssen and Treaty of Ribemont ), and over the course of the later 9th century the title of emperor was disputed by the Carolingian rulers of the Western Frankish Kingdom or West Francia and the Eastern Frankish Kingdom or East Francia , with first the western king ( Charles

14835-462: The thaler as currency continued outside Europe in the form of the U.S. dollar and the Canadian dollar , the Mexican peso and the various pesos of Spanish America , and the Ethiopian birr . The thaler (and its linguistic variants) would also survive as the informal name of coins identical to the historical coin like the German 3-mark coin, the Dutch 2 1 ⁄ 2 -gulden coin, the 5-franc coins of

14964-596: The throne only three years old, and was subjected to a power struggle and series of regencies until his age of majority in 994. Up to that time, he remained in Germany, while a deposed duke, Crescentius II , ruled over Rome and part of Italy, ostensibly in his stead. In 996 Otto III appointed his cousin Gregory V the first German pope. A foreign pope and foreign papal officers were seen with suspicion by Roman nobles, who were led by Crescentius II to revolt. Otto III's former mentor Antipope John XVI briefly held Rome, until

15093-492: The two realms separate. Though he had made his son Henry king of Sicily before marching on Germany, he still reserved real political power for himself. This continued after Frederick was crowned emperor in 1220. Fearing Frederick's concentration of power, the pope finally excommunicated him. Another point of contention was the Crusade, which Frederick had promised but repeatedly postponed. Now, although excommunicated, Frederick led

15222-669: The wake of the Cluniac Reforms , this involvement was increasingly seen as inappropriate by the Papacy. The reform-minded Pope Gregory VII was determined to oppose such practices, which led to the Investiture Controversy with King Henry IV ( r.  1056–1106 , crowned emperor in 1084). Henry IV repudiated the pope's interference and persuaded his bishops to excommunicate the pope, whom he famously addressed by his birth name "Hildebrand" rather than his papal name "Gregory". The pope, in turn, excommunicated

15351-441: Was a major turning point toward the partitioning of central rule in the Empire. Since his political focus was south of the Alps, he was mostly absent from Germany and issued far-reaching privileges to Germany's secular and ecclesiastical princes to ensure their cooperation. In the 1220 Confoederatio cum principibus ecclesiasticis , Frederick gave up a number of regalia in favour of the bishops, among them tariffs, coining , and

15480-486: Was adopted as the standard coin by most German states as well as in the Habsburg Empire . Vereinsthalers were issued until 1871 in Germany and 1867 in Austria. Within the new German Empire, silver vereinsthaler coins remained unlimited legal tender at a value of 3 German gold marks until 1908 when they were withdrawn and demonetized. Some old countermarked thalers circulated as emergency coinage in Germany during

15609-506: Was adopted by many South German states by the early 19th century. The term daalder continued to refer to 1 1 ⁄ 2 gulden in currency even after the discontinuation of the 1 1 ⁄ 2 gulden or 30 stuiver piece in the 19th century. The rijksdaalder was also known as the silver ducat, which is still minted for collectors in the Netherlands today. The discovery of massive silver supplies in Spanish America in

15738-422: Was applied to numerous similar coins worth more than a single thaler. These coins are very rare and highly sought after by collectors. As few of them were circulated in any real sense, they are often well-preserved. The Spanish Netherlands and the independent Dutch Republic has had a history of minting large silver coins separately from the rest of the Holy Roman Empire . It issued the kruisdaalder (depicting

15867-471: Was fixed at 1 3 ⁄ 4 South German gulden - hence 9.545 g fine silver per gulden. The North German thaler , valued at 3 ⁄ 4 a Conventionsthaler or 13 1 ⁄ 3 to a Cologne Mark fine silver at the start of the 19th century, was revalued in the 1840s at par with the Prussian thaler , at 14 to a Mark, though with varying subdivisions. In 1857, the Vereinsthaler worth 1 North German thaler or 1 3 ⁄ 4 South German gulden

15996-774: Was founded by the Dutch in the early 17th century. "The Lion Daalder holds an important place in American history as America’s first dollar and the root of the word from where the current currency, the US Dollar, found its name." [1] By the 18th century the Spanish-controlled Dutch territories eventually became the Austrian Netherlands . In 1754 it issued the Kronenthaler of weight 29.45 g and 0.873 fineness, or 25.71 g fine silver. This coin

16125-514: Was most advanced in those territories that were almost identical to the lands of the old Germanic tribes, e.g. , Bavaria. It was slower in those scattered territories that were founded through imperial privileges. In the 12th century the Hanseatic League established itself as a commercial and defensive alliance of the merchant guilds of towns and cities in the empire and all over northern and central Europe. It dominated marine trade in

16254-406: Was subsequently confronted with more uprisings, renewed excommunication, and even the rebellion of his sons. After his death, his second son, Henry V , reached an agreement with the Pope and the bishops in the 1122 Concordat of Worms . The political power of the Empire was maintained, but the conflict had demonstrated the limits of the ruler's power, especially in regard to the Church, and it robbed

16383-420: Was the first of the Habsburgs to hold a royal title, but he was never crowned emperor. After Rudolf's death in 1291, Adolf and Albert were two further weak kings who were never crowned emperor. Albert was assassinated in 1308. Almost immediately, King Philip IV of France began aggressively seeking support for his brother, Charles of Valois , to be elected the next king of the Romans. Philip thought he had

16512-539: Was then founded in 1608 to establish a stable bank currency with the rijksdaalder of 29.03 g, 0.875 fine (or 25.4 g fine silver) fixed at 50 stuivers or 2 1 ⁄ 2 gulden . The bank's success helped the Dutch Republic become Europe's financial center in the 17th century and maintain the reichsthaler as its banking currency unit despite Germany's descent into the chaos of the Thirty Years' War . As

16641-536: Was then invented as a monetary unit equal to 240 grossi and increasing in value from 26 to 48 lire piccoli . The gold ducat then became an even more popular Venetian coin from the 13th to 19th centuries. Issued in 1284 in imitation of the Florentine florin and containing around 3.5 g fine gold, it was initially valued at 2.4 lire piccoli or 18 silver grossi (each grosso then worth 32 piccoli ). By 1472 its value has increased to 6.2 lire piccoli . By 1472

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