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German 50,000 Mark Uncut Sheet

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dsmalouf
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United States
53 Posts
 Posted 09/11/2010  3:42 pm Show Profile Bookmark this topic Add dsmalouf to your friends list Get a Link to this Message

My mom has these uncut sheets, about 20+ of them(which I don't know what they really are, Bonds of some type):


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United States
1225 Posts
 Posted 09/12/2010  08:48 am  Show Profile Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Dsmalouf,
Post it over here on the foreign section. It look like you have a foreign bond (German may be) with "interest coupons" still intact and "not cancelled" out in any way. I have no clue but may be someone on the foreign side will be able to help you out.

IF this turns out to be valuable – ONLY sell one at a time and do not flood the market.

Post with a header of "UN cancelled Bond with Coupons" something like that.

http://www.coincommunity.com/forum/...p?FORUM_ID=9

Best of luck with it and I will watch to see what you have.
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United States
6561 Posts
 Posted 09/12/2010  11:20 am  Show Profile Bookmark this reply Add GO to your friends list Get a Link to this Reply
Dsmalouf,

I moved your posting to get a better reception in the proper forum
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Australia
9450 Posts
 Posted 09/13/2010  04:36 am  Show Profile Bookmark this reply Add Sap to your friends list Get a Link to this Reply
It's some kind of interest-bearing loan certificate. "Anheile" means "Loan". "Erneuerungschein für die Zinsscheine Reihe II" on the bottom-most certificate translates to "Renewal form for the coupons Series II" which were supposed to become available once this loan matured in 1932. "Reichsschuldenverwaltung" translates to "State Debt Office", which implies it was intended as a loan to help repay Germany's war debt from WWI.

The original loan certificate, which would presumably have looked something like this, would have accompanied it and had a face value of 50,000 marks; the sections were intended to be detached and used to collect interest payments: 1000 marks a year for 10 years from 1922 to 1931.

It's not surprising that none of the interest certificates were redeemed. Germany was hit with severe hyperinflation later that year; 1000 marks and even 50,000 marks quickly became worthless. I'm afraid the person who originally bought this bond threw their money away when they loaned it to their government.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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United States
1225 Posts
 Posted 09/16/2010  06:58 am  Show Profile Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Sap, Those 3 sheets in the auction went for $62. What I found interesting when I researched this was that some used the German marks as wall paper back then.

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