German Coins 3 Kreuzer Silver Coin 1866, Grand Duchy of Baden.

German Coins Baden Silver Coin Investing Collectible numismatic
German Coins 3 Kreuzer Silver Coin
German Coins 3 Kreuzer Silver Coin Baden Collectible numismatic
Coins of Germany
German Coins 3 Kreuzer Silver Coin 1866, Grand Duchy of Baden, Frederick I.

Obverse: Crowned shield of the Duchy, supported by crowned gryphons. All set on a decorated base.
Legend: BADEN / SCHEIDE MÜNZE

Reverse: Value (3) above denomination (KREUZER) and date (1866). All within wreath.
Reference: KM-246.
Diameter: 17 mm
Weight: 1.16 gram of Silver (.350)



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Baden gulden
The Gulden was a currency of Baden from 1754 until 1873. Until 1821, the Gulden was a unit of account, worth 5/12 of a Conventionsthaler, used to denominate banknotes but not issued as a coin. It was subdivided into 50 Conventionskreuzer or 60 Kreuzer landmünze.
In 1821, the first Gulden coins were issued, equal to the previous Gulden and subdivided into 60 Kreuzer. Between 1829 and 1837, the Thaler was the currency of Baden, worth 100 Kreuzer.
In 1837, Baden joined the South German Monetary Union and readopted the Gulden as its currency, again worth 60 Kreuzer. The new Gulden was equal to the earlier Gulden and was worth four sevenths of a Prussian Thaler.
In 1857, the Vereinsthaler was introduced to Baden but the Gulden, worth four sevenths of a Vereinsthaler, continued to be the chief unit of currency until 1873, when the German Mark was introduced at a rate of 1 Mark = 35 Kreuzer.

Baden thaler
The Thaler was a coin issued by Baden at various times. Before 1821, Baden issued Kronenthaler and Conventionsthaler.
In 1829, a new Thaler was introduced, subdivided into 100 Kreuzer. It replaced the Gulden (worth 60 Kreuzer) as the chief unit of account. A silver Thaler coin was issued, containing 5/147 of a Cologne mark of silver, together with a gold 5 Thaler coin.
In 1837, the Gulden replaced the Thaler at a rate of 1 Gulden = 0.6 Thaler. Between 1857 and 1871, Baden issued Vereinsthaler alongside the Gulden.

Frederick I (Frederick Wilhelm Ludwig) (9 September 1826 – 28 September 1907) was the sixth Grand Duke of Baden from 1856 to 1907.
Frederick was born in Karlsruhe, on 9 September 1826. He was the third son of Grand Duke Leopold (1790–1852) and of his wife, Grand Duchess Sophie (1801–1865), who was born Princess of Sweden, daughter of King Gustav IV Adolf of Sweden.

Grand Duchy of Baden
The Grand Duchy of Baden (German: Großherzogtum Baden) was a historical state in the southwest of Germany, on the east bank of the Rhine. It existed between 1806 and 1918.
It came into existence in the 12th century as the Margraviate of Baden and subsequently split into different lines, which were unified in 1771. It became the much-enlarged Grand Duchy of Baden through the dissolution of the Holy Roman Empire in 1803–06 and was a sovereign country until it joined the German Empire in 1871, remaining a Grand Duchy until 1918 when it became part of the Weimar Republic as the Republic of Baden. Baden was bordered to the north by the Kingdom of Bavaria and the Grand Duchy of Hessen-Darmstadt; to the west and practically throughout its whole length by the River Rhine, which separated it from the Bavarian Rhenish Palatinate and Alsace in modern France; to the south by Switzerland, and to the east by the Kingdom of Württemberg, the Principality of Hohenzollern-Sigmaringen and partly by Bavaria.


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Kreuzer
The Kreuzer, in English usually kreutzer, was a silver coin and unit of currency existing in the southern German states prior to the unification of Germany, and in Austria. After 1760 it was made of copper.
In 1559 a value of 60 Kreuzer to 1 gulden had been adopted throughout the Southern states of the Holy Roman Empire, but the northern German states declined to join, and used Groschen instead of Kreuzer. The Kreuzer in turn was worth about 4.2 Pfennig, or pennies. Thus one (golden) Gulden was worth 60 Kreuzer, or 252 Pfennig. Later currencies adopted a standard relationship of 240 Pfennig = 60 Kreuzer = 1 Gulden.
Following the adoption of the Conventionsthaler in 1754, two distinct Kreuzer came into being. The first, sometimes referred to as the Conventionskreuzer, was worth 1/120 of a Conventionsthaler, valuing the gulden at half a Conventionsthaler. This was used in Austria-Hungary. However, the states of southern Germany adopted a smaller Kreuzer Landmünze worth 1/144 of a Conventionsthaler, thus valuing the Gulden at 5/12 of a Conventionsthaler. In fact, the southern German states issued coins denominated in Kreuzer Landmünze up to 6 Kreuzer Landmünze (equal to 5 Conventionskreuzer) but in Conventionskreuzer for higher denominations.

South Germany 1837–1873
The South German Currency Union of 1837 used a system of 60 Kreuzer = 1 Gulden and 1¾ Gulden = 1 Thaler, with the Kreuzer equal to the old Kreuzer Landmünze. These Kreuzer continued in circulation until decimalization, following German unification.

Austria-Hungary 1857–1892

Austria-Hungary decimalized in 1857, adopting a system of 100 Kreuzer = 1 Gulden, Austrian Florin or Hungarian forint, 1½ gulden = 1 Vereinsthaler. It was known in Hungarian as krajczár (in modern Hungarian orthography: krajcár), in Czech as krejcar, in Slovak as grajciar, and in Romanian as creiţar or crăiţar.