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The German mark ( German: Goldmark [ˈɡɔltmaʁk] ⓘ; sign: ℳ︁) was the currency of the German Empire, which spanned from 1871 to 1918. The mark was paired with the minor unit of the pfennig (₰); 100 pfennigs were equivalent to 1 mark. The mark was on the gold standard from 1871 to 1914, but like most nations during World War I, the ...
Nazi gold. Much of the focus of the discussion about Nazi gold ( German: Raubgold, "stolen gold") concerns how much of it Nazi Germany transferred to overseas banks during World War II. The Nazis looted the assets of their victims (including those in concentration camps) to accumulate wealth. In 1998, a Swiss commission estimated that the Swiss ...
50th anniversary of the Deutsche Mark. 1 DM, gold, 1999. 300th anniversary of the Stift in Halle. 10 DM, silver, 1998. 50th anniversary of the Basic Law. 10 DM, silver, 1999. 50th anniversary of the SOS Children's Villages. 10 DM, silver, 1999. Weimar, European City of Culture, and 250th birthday of Johann Wolfgang von Goethe. 10 DM, silver, 1999.
A total of one million gold DM 1 coins were minted (200,000 at each of the five mints) and were sold beginning in mid-2001 through German coin dealers on behalf of the Bundesbank. The issue price varied by the dealer but averaged approximately US$165. German coins bear a mint mark, indicating where the coin was minted.
The Markis an ancient Germanic weight measure, traditionally a half pound, later used for several coins; Reich(empirein English) comes from the official name for the German state from 1871 to 1945, Deutsches Reich. History. [edit] The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark.
Coins denominated in gold marks were first issued in 1871, and gradually replaced the old coins. The mark banco was converted into the new gold mark at par. The Bank of Hamburg was incorporated as the Hamburg subsidiary into the newly founded Reichsbank (established 1876), issuing banknotes denominated in gold marks.
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