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Details about  GERMAN NOTGELD-Westphalia Province 1923 Fifty Million Mark-VERY LARGE RARE COIN

GERMAN NOTGELD-Westphalia Province 1923 Fifty Million Mark-VERY LARGE RARE COIN See original listing
GERMAN-NOTGELD-Westphalia-Province-1923-Fifty-Million-Mark-VERY-LARGE-RARE-COIN
Item Sold
Item condition:
--not specified
Ended:
Jul 14, 2012 14:00:12 PDT
Winning bid:
US $32.99
14 bids ]
Shipping:
$2.50 Standard Shipping | See details
Item location:
WI, United States

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Description

eBay item number:
251097442813
Seller assumes all responsibility for this listing.

Item specifics

Circulated/Uncirculated:

Unknown

Country:

Germany - German Empire - Weimar Republic

Composition:

Al- 37.8 mm. dia., 2.7 mm. thick

Type:

Mark Coin

Subject:

German Notgeld coin

Welcome ebay Bidders!

The coin in the photographs is the coin up for auction.  
Photos are lightened to show coin detail.
You should be starting to understand hyper-inflation! 
Please look at both sides of the coins to determine quality and confirm denomination, value & year (if applicable).

Notgeld (German for "emergency money" or "necessity money" ) is the name of money issued by an institution not authorized for money emission.  This occurs usually when money is not available from the central bank.  The best known emergency money emissions occurred in Germany and Austria-Hungary around the end of World War I, which is why the German term is used.  Issuing institutions could be town savings banks, municipalities, private and state-owned firms.

The first large issue of Notgeld started in Germany at the outbreak of World War I.  Due to inflation - caused by the cost of the war - the value of the material that was used to mint coins was higher than the value of its denomination.  Many institutions started to hoard coins.  Additionally, the metals used to mint legal tender coins were needed for the production of war supplies. 

REAL NOTGELD COINS, REAL AUCTIONS!
 

Great coins with reasonable shipping and handling rates!  Combine items and save on S&H!

Click HERE to see more coins!

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USA S&H is $2.50 for 1 to 4 items on a single updated invoice; OR,

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Canadian S&H is $1.75 for the 1st item and $0.55 for each additional items on an updated invoice.

Worldwide S&H is $1.95 for the 1st item and $0.65 for each additional items on an updated invoice.

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 The coin in the photo takes precedence over the listing title. 

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 Thank you.

pinkhaloangel





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