is sometimes used for a coin, and sometimes for a money of account.
Florin, as a coin, is of different values, according to the different metals and different countries where it is struck. The gold florins are most of them of a very coarse alloy, some of them not exceeding thirteen or fourteen carats, and none of them seventeen and a half. As to silver florins, those of Holland are worth about 1s. 8d., those of Genoa were worth 8½ Sterling.
Florin, as a money of account, is used by the Italian, Dutch, and German merchants and bankers, but admits of different divisions in different places. In Holland, it is on the footing of the coin of that name, containing 20 stivers. At Frankfort and Nuremberg it is equivalent to 3s. Sterling, and is divided into creutzers, and pfennings. At Liege, it is equivalent to 2s. 3d. At Strasbourg, to 1s. 8d. In Savoy, to 1½d. At Genoa, to 8½d. And at Geneva, to 6½d. See Coin.