A report from Germany describes a fairly common notgeld coin that police found among stolen property. The headline calls it 'rare', but it is an unusual item and by
publicizing it police hope to find the owner. -Editor
The coin dates back to 1923. The inscription on the coin offers an insight into the economic crisis that plagued Germany after the First World War.
Police in the northwestern German city of Cologne hit an unexpected jackpot when they chanced upon historical coins and currency notes during a drug-related search.
The historical loot was found in a black carry-on suitcase in May 2017, police said on Thursday.
Among them was a 5-million deutschmark coin from 1923, when Germany was in the midst of an economic crisis. Hyperinflation ran rampant at the time, resulting in constantly devalued money. 4.2
trillion marks were worth just $1.
The inscription on the coin reads: "Emergency money from Westphalia Province, 1923," referring to the German state.
World War-era square banknotes from France and the Netherlands were also among the currency notes discovered.
I just realized what makes it so rare - the obverse is larger than the reverse. Freaky, huh? -Editor
To read the complete article, see:
German police find rare 5-million deutschmark coin during drug search
(http://www.dw.com/en/german-police-find-rare-5-million-deutschmark-coin-during-drug-search/a-40319226)
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization
promoting numismatic literature. See our web site at coinbooks.org.
To submit items for publication in The E-Sylum, write to the Editor
at this address: whomren@gmail.com
To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 1998 - 2024 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster
|