Noun
A small silver coin and money of account of Germany, worth about two cents. It is not included in the new monetary system of the empire.
Source: Webster's dictionaryThey are set to equal 90 Austrian Kreuzer, 105 Bavarian Kreuzer, 30 Groschen, or 48 Schilling depending on the minting region. Source: Internet
This continual debasement had reached a point that silver content in Groschen -type coins had dropped, in some cases, to less than five percent, making the coins of much less individual value than they had in the beginning. Source: Internet