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1 Thaler Courant
| Issuer | Haupt-Verwaltung der Staatsschulden (Prussian Main Administration of State Debts) |
|---|---|
| Year | 1851 |
| Type | Log in to see details |
| Value | 1 Thaler |
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| Obverse description | The obverse is dominated by the central Prussian royal coat of arms suspended from a decorative garland of leaves and ribbons, rendered in fine intaglio engraving. Above, the denomination EIN THALER is set in large letterpress type across the top margin, flanked by the numeral 1 in each corner against a dense guilloche underprint. Below the arms, the issuing authority text and place-date line appear in Gothic script, followed by four manuscript signatures of responsible officials. |
|---|---|
| Obverse lettering | KÖNIGL: PREUSS: KASSEN-ANWEISUNG Ein Thaler Courant nach dem Münzfusse von 1764 Berlin, den 2ten November 1851 vollgültig in allen Zahlungen Haupt Verwaltung der Staats Schulden |
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| Comments |
Prussia's Haupt-Verwaltung der Staatsschulden was primarily a debt management body, not a bank, which makes this 1 Thaler issue an unusual instrument — essentially state treasury paper pressed into circulation as small-denomination currency. The arrangement reflected Prussia's persistent reluctance to grant the Bank of Prussia a monopoly over note issuance, a tension that ran through Prussian monetary policy well into the 1850s.
The Thaler Courant designation distinguishes it from the Thaler Preußisch Courant in its precise silver valuation — a distinction that mattered to merchants but confused ordinary users, contributing to the chronic small-change disorder that dogged German states before unification.