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1971 Germany Communist DDR 50 Mark Banknote
1971 Germany Communist DDR 50 Mark Banknote

1971 Germany Communist DDR 50 Mark Banknote

$ 4.19

Availability: 50 in stock
  • Return shipping will be paid by: Buyer
  • Country/Region of Manufacture: United States
  • Item must be returned within: 14 Days
  • Condition: Multiple item listing Please assume item conditions is 3 ( fair ) and variable serial numbers
  • Country: germany
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money Back

    Description

    All banknotes are guaranteed  original and in conditions stated in the title Please assume that all bills are in fair conditions and various serial numbers We combine shipping for any number of listings Internationally you only pay shipping once
    The Deutsche Mark has overcome many hard times and has always seemed to represent the values of Germany, such as stability and prosperity. The Second World War was a collapsed German economy. A huge glut of money was offset by only a minimal range of goods. From this date onward Germany had to be regarded as divided because East and West were treated separately. In 1948 in the western zones of Germany, a currency reform was undertaken; the Reichsmark and Alliierte Militärmark were replaced by the Deutsche Mark. Every citizen was allowed to exchange 600 Reichsmark into 60 Deutsche Mark. The Deutsche Mark was very stable and covered by gold up to 1971. In 1975 the silver coin disappeared as a circulating coin and the Deutsche Mark was coined of nickel mostly. Therewith the period of the circulation of silver money ended Was later replaced by Euro