The Vereinsthaler was the currency of Saxony between 1857 and 1873. The Vereinsthaler ("union" thaler was a standard Silver Coin used in most German states and the Austrian Empire in the years prior The Free State of Saxony (Freistaat Sachsen ˈzaksən Swobodny Stat Sakska is the easternmost federal state of Germany. It replaced the Thaler at par and was replaced by the Mark at a rate of 1 Vereinsthaler = 3 Mark. The Thaler was the currency of the Electorate and Kingdom of Saxony until 1857 The Goldmark (officially just Mark) is the name used for the currency of the German Empire from 1873 to 1914 The Vereinsthaler was subdivided into 30 Neugroschen, each of 10 Pfennig. The neugroschen is a Coin that was introduced in 1841 in Saxony. The Pfennig (abbreviation Pf) is an old German coin or note which existed from the 9th century until the introduction of the Euro
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