NEUGROSCHEN: COIN OF SAXONY
2 neugroschen, 1863: Kingdom of Saxony (Germany)
Ruler: John I or Johann — King of Saxony (1854-1873). He was a member of the House of Wettin. During his reign, Saxony became a part of the German Empire.
2 NEU GROSCHEN - 20 PFENNIGE: double denomination.
B: Dresden Mint (Germany).
SCHEIDE MÜNZE: this term applied to the low- to medium-value coins in Austria and Germany up to start of the First World War and is often translated as small change coin, small-coin change or just small coin.
KOENIGREICH SACHSEN: Kingdom of Saxony.
Coat of arms of Saxony: a tenfold horizontally-partitioned field of black and gold stripes, charged with a green crancelin (a stylized common rue).
Mintage: 557.000.
- Silver (billon): 21 mm - 3.14 g
- Reference price: 10$
COIN NEUGROSCHEN — WHERE & WHEN (coins catalog: by names & emitents)
- KINGDOM OF SAXONY (1841-1873): neugroschen = 10 pfennig = 1/30 thaler
- DUCHY OF SAXE-ALTENBURG (1841-1842): neugroschen = 10 pfennig = 1/30 thaler
NEUGROSCHEN as coin name.
Neugroschen — billon coin of the historic German duchies of Saxony and Saxe-Altenburg, minted from low-quality silver during 1841-1873.
The issue of this temporary coin was a consequence of Saxony's accession to the Dresden Coinage Convention.
To some extent it is analogous to the silbergroschen of Prussia; the coins were equivalent in value.
Neugroschen consisted of 10 pfennigs, as evidenced by the double denomination on all coins of this type: in neugroschens and pfennigs. But silbergroschen was equivalent to 12 local Prussian pfennings (in Prussia, the denomination was indicated exactly like this, in the format "pfenning", and not "pfennig", as in Saxony).
Coins of denominations 1/2, 1 and 2 neugroschen were minted. The smallest of the mentioned coins was originally made of silver with the legend "1/2 NEU-GROSCHEN — 5 PFENN". However, already in 1862, it was replaced by a copper analogue with the inscription "5 PFENNIGE".
As for the design of the Saxon neugroschen, it has undergone some evolution over two decades too. Early coins contained the image of the coat of arms of Saxony, later — a portrait of the King of Saxony John (full name in German: Johann Nepomuk Maria Joseph Anton Xaver Vincenz Aloys Franz de Paula Stanislaus Bernhard Paul Felix Damasus).
The name of the neugroschen coin is translated from German — "Neu Groschen" — as "new groschen".
