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 Replies: 11 / Views: 2,672 |
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Pillar of the Community
United States
819 Posts |
Edited by basicbob101
03/28/2007 02:02 am
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Moderator
 Australia
16844 Posts |
I'm at work right now, so I'm working off memory here, but this is what I can tell of your notes: #1: Germany 100 marks, that one's actually pre-WWI design. The postwar hyperinflation of the 1920's made these notes worthless as far as face value was concerned. #2 and #3 are from Hungary, denominated in pengo. Post-WWII saw Hungary hit with the worst hyperinflation of the early 20th century. I have one of the 50 pengo notes, bought from a "scratchtray" for a few dollars. #4 Denmark 10 kroner #5 and 6 you don't need much help with  #7 is Germany, 1 rentenmark, from immediately after the inflationary period in the early 1920's. #8 is Nazi Germany, 5 reichsmark #9 is a 2 rentenmark note, same period as number 7 #10 is from Croatia, which was a Nazi puppet state during WWII. That's a 50 kuna note. 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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Pillar of the Community
 United States
819 Posts |
Thanxz for the input Sap, you must be a walking encyclopedia of note knowledge!
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Valued Member
Finland
79 Posts |
Sap, those 1 and 2 Rentenmark notes are not from 1920s, rather they are 1937 issues.
-JJ-
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Moderator
Australia
16844 Posts |
The Rentenmark was only issued from 1922 to 1924, after which it was renamed the "Reichsmark". I can't imagine the Third Reich re-issuing them; the "rentenmark" would have been to them a shameful reminder of the Weimar Republic. I wondered about the "30 Jan 1937" date, too. Look closely and you'll see these notes have two dates: 15 Oct 1923 and 30 Jan 1937. The Fraktur script is hard to make out, but I think the latter, 1937 date is the expiry date; the holder was supposed to redeem the notes before that date. The Pick catalogue does print the latter date as the date of issue for these notes, but I would've assumed that was an error. 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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Pillar of the Community
Germany
1238 Posts |
Not an error ... The earlier date that you see ("Ausgegeben auf Grund der Verordnung vom 15. Oktober 1923") refers to the legal basis of those issues. These 1 and 2 Rentenmark notes came out much later. They are dated 30 January 1937 but were actually issued in 1939/40.
Keep in mind that, unlike the Reichsbank, the Rentenbank was never an "official" central bank. The Rentenmark coins and notes were semi-legal tender, and to some extent stayed in use until the 1948 currency reform.
Christian
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Moderator
Australia
16844 Posts |
Then I stand corrected.  Still, I'm surprised the Nazis resorted to this. Wartime emergency, I suppose. 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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Pillar of the Community
United States
4589 Posts |
SAP not that you are perfect but this the first time I have seen you proven wrong, no worries the, first of so many correct answers.
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Valued Member
Finland
79 Posts |
Sap, I'm not here to rub salt in your wounds, but the Wikipedia link that you provided, stated: "The Rentenbank continued to exist after 1924 and the notes and coins continued to circulate.". Also, different Rentenmark banknote issues were listed in Wikipedia as follows: "10 and 50 Rentenmark (1925), 5 Rentenmark (1926), 50 Rentenmark (1934) and 1 and 2 Rentenmark dated 1937."
-JJ-
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Pillar of the Community
Germany
1238 Posts |
quote:
Still, I'm surprised the Nazis resorted to this. Wartime emergency, I suppose.
Yup, right as usual. By and large the Rentenmark notes had become rare in circulation in the mid/late 1920s, because the new (post-inflation) Reichsmark had a solid basis. I guess - am not sure here myself - the nazi government used the new Rentenmark issues at the beginning of WW2 because the Reichsmark coins (except for pfennigs) were used as important raw material for the war. Now had the Reichsbank - the official central bank - suddenly issued low value paper money, that might have affected the bank's image and balance ... Christian |
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Pillar of the Community
United States
819 Posts |
But are these still low value today? I have some duplicates and am thinking of posting them for trading material on the trade thread. Is there current interest in these notes (the German ones)/\
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Pillar of the Community
United States
4589 Posts |
There is always interest, however most world notes do not draw a hugh premium, but there are exceptions
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Replies: 11 / Views: 2,672 |
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My favorite of all, also from France
Posted 03/23/2007 1:38 pm
