Monday, January 1, 2001

Germany - Democratic Republic P25 50 Mark

Pick: P25
Date:1964

Colour: Deep green on multicolor underprint.





Also known as the East German Mark, these notes were withdrawn from circulation on July 1, 1990 in preparation for the reunification of Germany. The West Germany Mark known as the Deutsche Mark became the currency of East Germany.

Almost all the paper money about 100 billion Mark, or 620 million banknotes, including all the currency collected at the time of the monetary union and the never-used 200 and 500 Mark banknotes, was placed into storage in 1990 and 1991 in two 300 m (1000 ft) long sandstone caverns in the Thekenberge. The banknotes were sealed and left to rot. In 2001 two Halberstadt residents had gained entry to the tunnel system through an unsecured opening and made off with numerous banknotes. The appearance among collectors of uncirculated 200 and 500 Mark notes, and of the never-issued military currency, is attributed to this theft. Because of this theft between April and June 2002, 298 containers of the remaining currency were burned in an incinerator.

Front: Friedrich Engels at right. Friedrich Engels (28 November 1820 – 5 August 1895) was a German industrialist, social scientist, author, political theorist, and philosopher.



Engels together with Karl Marx in 1848 wrote The Communist Manifesto. Karl Marx and Friedrich Engels are considered the founding father of Communism.

Back: Wheat threshing at left center. Men working on a communal farm. East German coat of arms from 1955–1990 on left. The National Emblem of GDR featured a hammer, and a compass, surrounded by a ring of rye. The hammer represented the factory workers, the compass represented the intelligentsia and the ring rye the farmers.

Watermark: Friedrich Engels.

Printer: Unknown

Size:

Varieties
a. Issued note.
r.
Replacement note. Serial # prefix ZA-ZE.
s.
Specimen.

Catalog Value:
a. UNC - $30
r. UNC - $35
s. UNC - $25

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