ey Date Coin Spectacular AM Timed Auction 18
от Key Date Coins
29.6.23
148 Route 73 Suite 3-184 Voorhees, NJ 08043, Соединенные Штаты
Аукцион закончен

ЛОТ 52:

1929 Germany 20 Reichsmark Banknote P# 181a Grades vf+. The Reichsmark was introduced in 1924 as a permanent ...

Продан за: $5
Стартовая цена:
$ 5
Эстимейт :
$25 - $100
Комиссия аукционного дома: 18% Далее
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1929 Germany 20 Reichsmark Banknote P# 181a Grades vf+. 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 ?? = 1012?? (one trillion in American English and French, one billion in German and other European languages and British English of the time; see long and short scale). 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 4.20 ??.