Definition

• The earliest type is described under Thaler (q.v.). The name was applied to the new coin on account of its value being equal to that of the gold Gulden, and because up to the time of its appearance no silver coins were in circulations of a larger size than the Groschen. In Latin documents of the sixteenth century they are generally referred to as Unciales, from their weight, which was one ounce.

  The name Guldengroschen was soon abbreviated into Guldener; the coins were popular for a time but were eventually superseded by the Thaler. See Florin.

Source

• Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)

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