Wow! Key Date Coins AM Live Auction 38 Part 2 Day 2
Por Key Date Coins
Contactar a la casa de subasta
19.10.23
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, Estados Unidos
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La subasta ha concluído
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LOTE 2911:
1937 Germany 1 Rentenmark Banknote P# 173b Grades xf. The "Rentenmark" was issued in 1923 to help stop ...
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Vendido por: $5
Precio inicial:
$
5
Precio estimado :
$25 - $100
Comisión de la casa de subasta: 18%
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1937 Germany 1 Rentenmark Banknote P# 173b Grades xf. The "Rentenmark" was issued in 1923 to help stop the hyperinflation in Weimar Germany after the "Paper Mark" had become worthless. Unlike the Goldmark, which was backed by gold, or the Papermark, which lacked the backing of a commodity, the Rentenmark was backed by the land used for agriculture and business. The Act creating the Rentenmark backed the currency by means of twice yearly payments on property, due in April and October, payable for five years. Although the Rentenmark was not initially legal tender, it was accepted by the population and its value was relatively stable.
