A thaler of Saxe-Weimar marked with "NACH DEM ALTEN SCHROT VND KORN" (English: "After the old Schrot und Korn")
Schrot und Korn is a term used in numismatics.
The term Schrot refers to the total weight of a coin, which is the combined mass of the precious and base metals, and Korn refers to the precious metal or the fineness of the coin, which was once important for a coin's value.
Until World War I (1914–1918) the coin's precious metal content theoretically corresponded to its imposed value (Kurantmünze). However, in practice people tried to reduce the amount of precious metals (Scheidemünze) and used it for other purposes, such as minting additional coins. For example, the techniques were developed and used during the Kipper und Wipper inflation in Munich (1618–1623). The tenants of the Kipper mints, nearing the ends of their leases, hurried to gain a maximum benefit, even without taking care of the Schrot und Korn of their coins.
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