Meissen gulden
# Meissen gulden

The Meissen gulden (German: Meißnische Gulden, Meißner Gulden or Gulden Meißnisch), abbreviation Mfl., was a Rhenish Gold Gulden that was established in Saxony in 1490 at a value of 21 groschen and which, from 1542 to 1838 became a coin of account (a notional accounting gulden) of the same value.

When the Saxon Guldengroschen (silver gulden, thaler coins), which had had the same value as the gold gulden since 1500, were set at 24 groschen in 1542, the Meissen gulden remained in use in Saxony as an accounting coin at 21 groschen until the 19th century.

## Explanation

The Meissen gulden used as an accounting coin up until the 19th century goes back to the Saxon coinage regulations of 9 August 1490, according to which the gold gulden in Saxony was reduced to 21 groschen (Spitzgroschen) (gold Guldengroschen = 1:21 - see Bartgroschen). /ref>

