Hamburg mark banco
- Dates in use
- Introduction uncertain; ended 1873
- Ancestry branch
- See family connections
Its place in the family
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Earlier ancestry is not established here.
Hamburg mark banco
This currencyChildren 0
Later adoption of an existing currency is explained below.
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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 November 15, 1872; from February 15, 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]
Replacement by an existing currency
This conversion belongs to the history of the retiring unit. It does not make that unit an ancestor of the currency adopted.
Sources and evidence
- Ulrich Bindseil, September 2019 · Early French and German central bank charters and regulations, Occasional Paper 234
- Gustav Kopal · Gustav Kopal, Hamburgs großer Geldschrank, Die Gartenlaube (1875), Heft51 pp.856–858
- Ulrich Bindseil, September 2019 · Early French and German central bank charters and regulations, Occasional Paper 234
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Cite this page
“Hamburg mark banco.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-13; data version v44. https://familytreeofmoney.org/currency/CUR-V26-HAMBURG.html