Nazi Germany Banknote - 1 Reichsmark - Year 1939 - 1944 - Prisoner Of War - POW




Item History & Price

Information:
Reference Number: Avaluer:23419415Country: Germany
Country/Region of Manufacture: GermanyCirculated/Uncirculated: Circulated
Modified Item: NoType: Banknotes
Year: 1944Certification: Uncertified
Original Description:
SEE MY OTHER AUCTIONS

FREE SHIPPING WORLDWIDE

IF YOU ARE SATISFIED WITH SERVICE, PLEASE LEAVE US A POSITIVE FEEDBACK

HAVE A GOOD LUCK!!!

The Reichsmark (sign: ℛℳ) was the currency in Germany from 1924 until 20 June 1948 in West Germany, where it was replaced with the Deutsche Mark, and until the 23 June in East Germany when it was replaced by the East German mark. The Reichsmark was subdivided into 100 Reichspfennig. The Mark is an ancient Germanic weigh...t measure, traditionally a half pound, later used for several coins. From 1871 to 1918 Germany was called the Kaiserreich, or the Deutsches Reich. Although Germany became a republic in 1919, the term "Reich" remained part of the country's official name.
The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was 1 ℛℳ = 1012 Papiermark (one trillion in US English and French, one billion in German and other European languages and UK English of the time, see long and short scales). To stabilize the economy and to smooth the transition, the Papiermark was not directly replaced by the Reichsmark, but by the Rentenmark, an interim currency backed by the Deutsche Rentenbank, owning industrial and agricultural real estate assets. The Reichsmark was put on the gold standard at the rate previously used by the Goldmark, with the U.S. dollar worth 4.2 ℛℳ.

Concentration camp and POW Reichsmark currencyVarious special issues of Reichsmark currency were issued for use in concentration and prisoner of war (POW) camps. None were legal tender in Germany itself.
Lagergeld was used to compensate prisoners in concentration camps for their work. This note was not negotiable outside of the camp for which it was issued and was specifically for use in their stores and canteens.These coupons were initialized by the supreme commander of the German Wehrmacht in 1939. The coupons were issued in denomination of 1, 10, 50 Reichspfennig (RPf) and 1, 2, 5 and 10 Reichsmark (RM). A coupon for 20RM is known as an essay only. The coupons were valid in all POW-camps lead by the Germans and are printed uniface on watermark-paper. Lagergeld was used to compensate prisoners in concentration camps for their work. This note was not negotiable outside of the camp for which it was issued and was specifically for use in their stores and canteens.


    Similar items


  • Rare German Nazi Era Germany Banknote 5 Reichsmark Deutsche Wehrmacht

    Rare German Nazi Era Germany Banknote 5 Reichsmark Deutsche Wehrmacht

  • Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Waffen Ss

    Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Waffen Ss

  • Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp

    Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp

  • Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Hitler Jugend

    Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Hitler Jugend

  • Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Nsdap

    Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Nsdap

  • Germany - Wehrmacht - 1 Reichsmark - 1939/45 - With Nazi Stamp Gestapo Danzig

    Germany - Wehrmacht - 1 Reichsmark - 1939/45 - With Nazi Stamp Gestapo Danzig

  • Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Gestapo Danzig

    Germany - Wehrmacht - 1 Reichsmark - 1937 - With Nazi Stamp Gestapo Danzig

  • Nazi Germany Banknote - 100 Hundert Mark - Year 1944 - Allied Military Currency

    Nazi Germany Banknote - 100 Hundert Mark - Year 1944 - Allied Military Currency


    • You might also like


    • Germania 2019 5 Mark Atlas Of Meteorites Moldavite 1 Oz Silver Coin

      Germania 2019 5 Mark Atlas Of Meteorites Moldavite 1 Oz Silver Coin

Avaluer          About Us          Privacy Policy          Contact Us          UP
© 2022, avaluer.net, Inc. or its affiliates