Wow! Key Date Coins AM Live Auction 38 Part 2 Day 1
By Key Date Coins
Oct 18, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 2823:

1914 First Issue Germany 50 Marks Banknote P# 49a Grades vf, very fine. In August 1914, Directly after the onset ...

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Sold for: $5
Start price:
$ 5
Estimated price :
$100 - $200
Buyer's Premium: 18%
Auction took place on Oct 18, 2023 at Key Date Coins
tags:

1914 First Issue Germany 50 Marks Banknote P# 49a Grades vf, very fine. In August 1914, Directly after the onset of WW1, the German Empire removed the gold backing of the mark and issued new currency. After the fall of the German Empire in 1918, the newly formed German Weimar Republic issued another new currency, known derisively as the "Paper Mark", which faced massive hyperinflation.

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