
Germany's currency during WW2 was the Reichsmark, which was introduced in 1924. It was the official currency of Germany until 1948.
The Reichsmark was subdivided into 100 Reichspfennigs, which were the smallest denomination of the currency. This is a fact that's easy to remember, especially for those who have handled old currency.
Germany's economy was in shambles after the Treaty of Versailles, which imposed harsh penalties on the country. The treaty's effects were still felt during WW2, and the Reichsmark was no exception.
In 1948, the Reichsmark was replaced by the Deutsche Mark, which was introduced as part of the Allied occupation of Germany. This marked a significant change in the country's currency and economy.
Germany Currency WW2
During WW2, Germany issued various types of banknotes for occupied territories and military use. These notes were denominated in marks and pfennigs, and some were hand-stamped by Allied forces.
Some examples of these notes include the R136-40 series, which was issued in 1939 for use in occupied territories, and the c3751-7 series, which was used as a general issue for captured Allied soldiers. These notes were denominated in 1, 10, 50 pfennig, and 1, 2, 5, 10 mark denominations.
Here's a list of some of the notable WW2-era German banknotes:
Allied Issue Banknotes
Germany issued Allied Issue banknotes during World War II, specifically in 1944. These banknotes were introduced by the Allied authorities who assumed control over parts of Germany towards the end of the war.
The Allied Issue banknotes were a notable event, reflecting the changing dynamics of authority and governance during the war. They were a departure from the Nazi-era German banknotes, which often featured swastikas and eagles.
The Germany 100 Mark 1944 P#197b VF Allied Issue banknote features a woman's portrait with a laurel wreath on her head, symbolizing Germany. The denomination "Hundert Mark" (One Hundred Marks) is displayed prominently.
The denomination of 100 Marks was of significant value during this period, serving for various transactions in the wartime economy. It played a crucial role in facilitating trade and financial transactions, making it an essential part of everyday life.
The Allied Issue banknotes were graded as Very Fine (VF), indicating that they exhibit signs of circulation and use, but remain in a well-preserved condition overall. The design elements, while showing some wear, retain clarity and detail.
Here's a brief overview of some notable Allied Issue banknotes:
- Germany 100 Mark 1944 P#197b VF (Very Fine) Allied Issue banknote
- Features a woman's portrait with a laurel wreath on her head, symbolizing Germany
- Denomination "Hundert Mark" (One Hundred Marks) is displayed prominently
Catalog and History
Germany's currency history is a complex and fascinating topic, with numerous denominations and issues emerging throughout the 20th century. The Empire period saw the introduction of paper money in 1874, with notes featuring denominations such as 5, 20, 50, 100, and 1,000 mark.
During this time, the German Empire issued several series of banknotes, including one in 1899 that featured a 50 mark note. The Weimar Republic period, which began in 1919, saw a significant increase in the number of denominations, including 1, 2, 10, 50, 100, and 500 mark notes.
Here's a breakdown of the main denominations issued during this period:
The hyperinflation of 1923 saw the introduction of extremely high denominations, including 50, 100, 500, 1,000, 5,000, 10,000, 20,000, 100,000, and 1 million mark notes. The Reichsbank also issued notes during this period, featuring denominations such as 10, 20, 50, 100, and 1,000 mark.
Local and provisional issues were made during World War II, including a 20 mark note for the Sudetenland and Silesia in 1945. Allied Occupation notes were also issued, featuring denominations such as 1/2, 1, 2, 5, 10, 20, 50, and 100 mark.
Intriguing read: Mark (currency)
Germany Banknotes
The Germany 100 Mark 1944 P#197b VF Allied Issue banknote is a remarkable artifact that offers a window into the complex and tumultuous period of World War II.
This banknote, featuring an intriguing design, was issued in 1944 and falls into the category of "Allied Issue", signifying that it was introduced by the Allied authorities who assumed control over parts of Germany toward the end of World War II.
The denomination of 100 Marks was of significant value during this period, serving for various transactions in the wartime economy.
The design of the Germany 100 Mark 1944 P#197b banknote is distinctive for its departure from the imagery typically associated with Nazi-era German banknotes.
The obverse side of the banknote features a prominent portrait of a woman, symbolizing Germany, with a laurel wreath on her head. The denomination "Hundert Mark" (One Hundred Marks) is displayed prominently.
The reverse side is adorned with intricate patterns and designs, accompanied by the denomination numerals and the German phrase "Reichsbanknote."
The design elements, while showing some wear, retain clarity and detail, and the banknote is graded as VF (Very Fine), indicating that it exhibits signs of circulation and use but remains in a well-preserved condition overall.
Here's a brief summary of the key characteristics of the Germany 100 Mark 1944 P#197b banknote:
- Denomination: 100 Marks
- Grade: VF (Very Fine)
- Design: Intricate patterns and designs on the reverse side, with a prominent portrait of a woman on the obverse side
- Issued by: Allied authorities
- Issued in: 1944
This banknote serves as a tangible reminder of the events and transformations that unfolded during the final years of the war, making it a sought-after addition to numismatic collections and a valuable historical artifact.
Frequently Asked Questions
How much is a Reichsmark worth today?
A Reichsmark has no exchange value with the current US dollar, as it was replaced by the Deutschmark in 1948 and the euro in 2002. Its value is now purely historical and has no monetary significance.
What was the new currency in Germany after WW2?
The new currency introduced in Germany after WW2 was the Deutsche Mark (DM). It was distributed to the population and businesses in 1948 as part of a post-war economic reform.
What was German currency before the euro?
The official currency of Germany before the euro was the Deutsche Mark (DM), introduced in 1948 and used until 2002. It was the currency of West Germany and later unified Germany before the adoption of the euro.
Sources
- https://www.goldeneaglecoin.com/item/germany-100-mark-1944-p197b-vf-allied-issue
- https://www.historynet.com/allied-printed-military-money-caused-a-black-market-frenzy-in-berlin/
- https://www.atsnotes.com/catalog/banknotes/germany.html
- https://www.bankofengland.co.uk/museum/online-collections/blog/operation-bernhard
- https://www.cnbc.com/2015/03/18/who-still-owes-what-for-the-two-world-wars.html
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