Tags: Currency.
The Thaler was the currency of the Electorate and Kingdom of Saxony until 1857. Between 1754 and 1841 it was equal to three quarters of a Conventionsthaler and was subdivided into 24 Groschen each of 12 Pfennig. In 1841 Saxony partially decimalized dividing the Thaler (now equal to the Prussian Thaler) into 30 Neugroschen each of 10 Pfennig.