Add fractional division of Danish pre-decimal currency [Risolto]

Hope I posted this in the right forum section. Since we do not (yet) have Rigsdaler Rigsmønt banknotes in the catalough.
Hope it's a help, or at least usefull no matter what :D

I saw the older Danish currency needed a subdivision explanation, for when you sort by face value, like the UK and other currencies have. (Those directly beneath the name of the currency.) So I gave it a try underneath. Please, if someone can check if the math and everything is right and if I missed anything?
Some of it I’ve tried to figure out myself, based on other coins’ skilling value or value to eg. the daler.
Please bear in mind I am not good at math, so some questionmarks where I couldn’t figure out the values by myself.
I also made some shorthand values from eg. Skilling to Rigsdaler.

Beside that, in the currency titels:
Can Gulden be changed to Gylden? With a Y?
Or can Rigsmont be changed to Rigsmønt, with an Ø?
I think (but might be wrong) those are more correct. More about the Ø, than the Y though.

Glückstadt - Speciedaler (1617-1773)
96 Skilling = 1 Speciedaler
1 Søsling Lybsk = 1 Skilling
16 Skilling Dansk = 1 Mark
6 Mark = 1 Speciedaler
2 Speciedaler = 1 Dukat
? Dukat = 1 Guldkrone

Penning currency (1396-1513)
12 Pennig = 1 Skilling
3 Penning = 1 Sterling
4 Penning = 1 Hvid
3 Sterling = 1 Gros
3 Hvid = 1 Skilling

Gulden (1513-1572)
48 Skilling = 1 Gylden
2 Penning = 1 Blaffert
6 penning = 1 Søsling
12 Penning = 1 Skilling
16 Skilling = 1 Mark
3 Mark = 1 Gylden
3,5 Gylden = 1 Dukat

Schleswig-Holstein-Gottorp-Rendsborg - thaler
96 Skilling = 1 Thaler
2 Thaler = 1 Dukat

First Speciedaler (-1625)
96 Skilling = Speciedaler
3 Penning = 1 Hvid
3 Hvid = 1 Skilling
2 Søsling = 1 Skilling
24 skilling = 1 Mark
3 Mark = 1 Krone
4 Mark = 1 Speciedaler
? = 1 Gylden

Rigsdaler specie (1625-1813)
96 Skilling = 1 Rigsdaler Specie.
3 Hvid = 1 Skilling Dansk.
2 Søsling = 1 Skilling Dansk (NOT sure about this value)
16 Skilling Dansk = 1 Mark Dansk.
4 Mark = 1 Krone.
6 Mark = 1 Speciedaler.
1½ Krone = 1 Speciedaler.
1 Speciedaler = 1 Rigsdaler
2 Speciedaler = 1 Dukat
2½ Dukater = 1 Christian d'Or

Rigsbankdaler (1813-1854)
96 Skilling = 1 Rigsbankdaler.
16 Rigsbank Skilling = 1 Rigsdaler Courant = 5 Schilling Courant
6 Rigsdaler Courant = 30 Schilling Courant
6 Rigsdaler Courant = 1 Rigsbankdaler
2 Rigsbankdaler = 1 Speciedaler
5 Speciedaler = 1 CHR/FR d’Or
10 Rigsbankdaler = 1 CRH/FR d’Or

Rigsdaler rigsmont (1854-1873)
96 Skilling = 1 Rigsdaler.
16 Skilling Rigsmønt = 1 Rigsdaler Courant
6 Rigsdaler Courant = 1 Rigsdaler
10 Rigsdaler = 1 CRH/FR d’Or

Sources:
https://second.wiki/wiki/dc3a4nische_wc3a4hrungsgeschichte
World coin chat: Denmark: https://en.numista.com/forum/topic58858.html
Danish Wiki: https://da.wikipedia.org/wiki/Daler
Numista website, on the individual coins, where values are represented.

Can anyone give this a review?

JamtrupHope I posted this in the right forum section. Since we do not (yet) have Rigsdaler Rigsmønt banknotes in the catalough.
Hope it's a help, or at least usefull no matter what :D

I saw the older Danish currency needed a subdivision explanation, for when you sort by face value, like the UK and other currencies have. (Those directly beneath the name of the currency.) So I gave it a try underneath. Please, if someone can check if the math and everything is right and if I missed anything?
Some of it I’ve tried to figure out myself, based on other coins’ skilling value or value to eg. the daler. 
Please bear in mind I am not good at math, so some questionmarks where I couldn’t figure out the values by myself. 
I also made some shorthand values from eg. Skilling to Rigsdaler.

Beside that, in the currency titels:
Can Gulden be changed to Gylden? With a Y?
Or can Rigsmont be changed to Rigsmønt, with an Ø?
I think (but might be wrong) those are more correct. More about the Ø, than the Y though.

Glückstadt - Speciedaler (1617-1773)
96 Skilling = 1 Speciedaler
1 Søsling Lybsk = 1 Skilling
16 Skilling Dansk = 1 Mark
6 Mark = 1 Speciedaler
2 Speciedaler = 1 Dukat
? Dukat = 1 Guldkrone

Penning currency (1396-1513)
12 Pennig = 1 Skilling
3 Penning = 1 Sterling
4 Penning = 1 Hvid
3 Sterling = 1 Gros
3 Hvid = 1 Skilling

Gulden (1513-1572)
48 Skilling = 1 Gylden
2 Penning = 1 Blaffert
6 penning = 1 Søsling
12 Penning = 1 Skilling
16 Skilling = 1 Mark
3 Mark = 1 Gylden
3,5 Gylden = 1 Dukat

Schleswig-Holstein-Gottorp-Rendsborg - thaler
96 Skilling = 1 Thaler
2 Thaler = 1 Dukat

First Speciedaler (-1625)
96 Skilling = Speciedaler
3 Penning = 1 Hvid
3 Hvid = 1 Skilling
2 Søsling = 1 Skilling
24 skilling = 1 Mark
3 Mark = 1 Krone
4 Mark = 1 Speciedaler
? = 1 Gylden

Rigsdaler specie (1625-1813)
96 Skilling = 1 Rigsdaler Specie.
3 Hvid = 1 Skilling Dansk.
2 Søsling = 1 Skilling Dansk (NOT sure about this value)
16 Skilling Dansk = 1 Mark Dansk.
4 Mark = 1 Krone.
6 Mark = 1 Speciedaler.
1½ Krone = 1 Speciedaler.
1 Speciedaler = 1 Rigsdaler
2 Speciedaler = 1 Dukat
2½ Dukater = 1 Christian d'Or

Rigsbankdaler (1813-1854)
96 Skilling = 1 Rigsbankdaler.
16 Rigsbank Skilling = 1 Rigsdaler Courant = 5 Schilling Courant
6 Rigsdaler Courant = 30 Schilling Courant
6 Rigsdaler Courant = 1 Rigsbankdaler
2 Rigsbankdaler = 1 Speciedaler
5 Speciedaler = 1 CHR/FR d’Or
10 Rigsbankdaler = 1 CRH/FR d’Or

Rigsdaler rigsmont (1854-1873)
96 Skilling = 1 Rigsdaler.
16 Skilling Rigsmønt = 1 Rigsdaler Courant
6 Rigsdaler Courant = 1 Rigsdaler
10 Rigsdaler = 1 CRH/FR d’Or

Sources:
https://second.wiki/wiki/dc3a4nische_wc3a4hrungsgeschichte
World coin chat: Denmark: https://en.numista.com/forum/topic58858.html
Danish Wiki: https://da.wikipedia.org/wiki/Daler
Numista website, on the individual coins, where values are represented.

Do you have access to Sømod's books in the bibliotek? Unfortunately, he's not with us anymore, and I don't have his books of old Danish coinage…..

 

Do you know Jørgen Steen Jensen, her er et link til hans artikler https://brugere.lex.dk/1788, which of course is in Danish. Here is one of his articles in the Danish “Store Danske” https://denstoredanske.lex.dk/mark_-_penge-_og_m%C3%B8ntenhed.

 

Mor dig godt

Ole

 

Edit: That's some considerable good work, you have done, thank you. I'm not going to revise it, since I don't have the knowledge….

Should be ‘12 Penning = 1 Skilling’ in the 1396 - 1513 currency.

 

Aidan.

Here a translation of

 

https://arkivet.thorvaldsensmuseum.dk/artikler/moentenheder

 

into English:

 

Danish currency units The following is an overview of the Danish coinage system in Thorvaldsen's time. The subject is complicated and the overview is not exhaustive; therefore, those particularly interested are referred to the literature listed under references below. 

 

Before the coin reform in 1873 (1875), people in Denmark did not calculate in kroner and øre, but instead in rigsdalers, marks and skillings. Thus, although a fixed set of coin units existed, the silver content could sometimes vary at the will of the sitting king. In practice, therefore, a difference arose between the different coin bases, and daler, mark and skilling coins were settled differently due to the varying amounts of silver. 

 

While the specie system was the official one that defined value, it was mainly the kurant system that was used in day-to-day trade. In addition, a banknote system existed from 1713-1729 and again from 1737. In the years 1790-1800, however, the value of a banknote with the printed value "1 rigsdaler kurant" was approx. Worth 10% less than a rigsdaler curant in coins. 

 

In order to change between the different coin bases (specier and curant), you had to pay a so-called "debt", due to the difference in value between the coin bases. 

 

Below follows, with the above-mentioned caveats, a short overview of the various monetary units in Thorvaldsen's time. 

 

Danish monetary units before 1813 

 

In the period before 1813, in Denmark we had 3 different coin bases to count on: 

 

Kurant coin base 

 

There were 96 shillings in small coins of 1 rigsdaler daily. It was typically from 1/2 – up to and including 8 shilling coins that belonged to the curant coin base. A very large part of the daily trade was done in Kurant coin. The Kurant-Rigsdaler was not minted in one coin. 

 

Krone coin base 

 

6 marks went for 1 krone-rigsdaler. It was typically 1, 2 and 4 mark coins that were used under the krone coin base. It was for the slightly larger trades that the krone standard was used. Apart from a few exceptions, the krone-rigsdaler was not minted into a single coin. 

 

Specie coin base 

 

Specie daler minted as one coin. It was a large silver coin with a pure silver content of 25.2 grams. It was only in large transactions that this coin base was used. 

 

Arranged schematically, it looks like this: 

 

Kurant coin base: 1 rigsdaler kurant = 96 skillings (approx. 20.6 g pure silver) 

 

Krone coin base: 1 krone-rigsdaler = 6 marks (approx. 22.4 g pure silver) 

 

Specie coinage: 1 specie-daler = 6.75 marks = 120 skillings (approx. 25.2 g pure silver) 

 

If a seller demanded that a transaction be paid in specie coin, and the buyer only had curant coin (shilling coins), a so-called "debt" had to be paid, as the specie coin had a greater value than the curant coin. If the price was 1 speciedaler, the buyer would have to pay a total of 120 shillings, and the outstanding debt would then be 24 shillings (the difference between 1 speciedaler and 1 rigsdaler curant). 

 

Danish monetary units after 1813 

 

In 1813, the Danish-Norwegian monetary system collapsed. In the attempt to restore a monetary system, the existing specie system was replaced with a new one, where the basic unit was the Riksbankdaler, which had a silver content of just 12.64 grams, which corresponded to halving the previous content. This means that specie dalers were worth twice as much as rigsbank dalers. At the same time, all prices were reduced to one-sixth. However, the money exchange could not be carried out immediately, which is why in a transitional period people paid with old coins. 

 

They operated with Riksbankdalers in "nest silver", Riksbankdalers silver value and Riksbankdalers banknotes. These Riksbankdalers had different values, with "red silver" being the most valuable. From 1837, the three types of Riksbankdaler were worth the same amount.

 

Rigsbankdaler 

1 Riksbankdaler = 6 Riksbankmark = 96 Riksbankskilling. Defined by a content of 12.64 grams of pure silver. 

 

Rigsbankmark 

1 Rigsbankmark = 16 rigsbankskilling. 

 

Rigsbank shilling 1 Rigsbankskilling Specie = 1/96 rigsbankrigsdaler 

 

Sign for the Danish currency units 

 

In addition to a rigsdaler sign, the amount is often followed by a D.C., which stands for Dansk Courant, see above. 

 

Sign for mark

 

The sign for mark can have several forms, but in the documents in the Archive the most used form is a capital M with a loop through it. 

 

Sign for skilling 

The sign for skilling is very similar to the German ligature-s, however, unlike the German ligature-s, the sskilling sign begins with a short underscore. ß = sign for shilling 40 ß = 40 shillings

Ole,

  Until around 1848, Denmark was an absolute monarchy.

 

Since then, Denmark has been a constitutional monarchy.

 

Under the absolute monarchy, the Kings' words were law - even in relation to currency.

 

Aidan.

My Krause shows only the late systems, but shows this:

 

pre-1813

64 Skilling Danske = 4 Mark = 1 Krone

96 Skilling Danske = 6 Mark = 1 Speciedaler

12 Marks = 1 Ducat

 

(Krause) from 1813

96 Rigsbank Skilling = 1 Rigsbankdaler

30 Schilling Courant = 1 Rigsbankdaler

2 Rigsbakdaler = 1 Rigsdaler  Species = 1 Speciedaler

5 Speciedaler = 1 D'or

 

These both look consistent with your proposed equivalents.  

 

If I take your other equivalents and compress them a bit ("minor" equivalents on one line, silver-to-gold equivalent on another), I get this:

 

Glückstadt - Speciedaler (1617-1773)

96 Skilling Dansk = 6 Mark = 1 Speciedaler 

2 Speciedaler = 1 Dukat

 

Penning currency (1396-1513)

12 Penning = 4 Sterling = 3 Hvid = 1 Skilling

3 Sterling = 1 Gros

 

Gylden/Gulden (1513-1572)

576 Penning = 288 Blaffert = 96 Søsling = 48 Skilling = 3 Mark = 1 Gylden

3.5 Gylden = 1 Dukat

 

Schleswig-Holstein-Gottorp-Rendsborg - thaler
96 Skilling = 1 Thaler
2 Thaler = 1 Dukat

 

First Speciedaler (-1625)

864 Penning = 192 Søsling = 288 Hvid = 96 Skilling = 4 Mark = 1 Speciedalder

3 Mark = 1 Krone

 

Rigsdaler specie (1625-1813)

288 Hvid = 96 Skilling = 6 Mark = 1 Speciedaler

4 Mark = 1 Krone

2 Speciedaler = 1 Dukat = 2/5 Christian d'Or

 

Rigsbankdaler (1813-1854)
96 Skilling = 30 Schilling Courant = 6 Rigsdaler Courant = 1 Rigsbankdaler = ½ Speciedaler

10 Rigsbakdaler = 5 Speciesdaler = 1 d'Or

 

Rigsdaler rigsmont (1854-1873)

96 Skilling rigsmont = 6 Rigsdaler Courant = 1 Rigsdaler

10 Rigsdaler = 1 d'Or

Done.