Hamburg mark banco
Hamburg mark banco: a historical unit of account.
- Dates in use
- Introduction uncertain; ended 1873
- Ancestry branch
- See family connections
Its place in the family
All ancestors and descendants ↗Parents 0
Earlier ancestry is not established here.
Hamburg mark banco
This currencyTrace its ancestry backward
Hamburg mark banco
Earlier ancestry is not established here.
The story
The 1619 mandate compelled large bills through the banco; lending clauses explicitly measured principal and interest in Mark Banco. [1]
Reichsmark accounts opened alongside silver accounts on 15 November 1872; from 15 February 1873 merchants booked transfers in Reichsmark after the silver accounting basis ended. [2]
Unwithdrawn balances transferred to Reichsbank deposits at the end of 1875. This institutional succession postdates the currency conversion. [3]
Sources and evidence
- Ulrich Bindseil, September 2019 · Early French and German central bank charters and regulations, Occasional Paper 234 C1396 ↗
- Gustav Kopal · Gustav Kopal, Hamburgs großer Geldschrank, Die Gartenlaube (1875), Heft51 pp.856–858 C1397 ↗
- Ulrich Bindseil, September 2019 · Early French and German central bank charters and regulations, Occasional Paper 234 C1398 ↗
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Cite this page
“Hamburg mark banco.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/CUR-V26-HAMBURG.html