1948 NOTENBANK 50 DEUTSCHE MARK AJ3241597

AUD$0.00

Out of stock

Compare
SKU: 1948NOTENBANKNOTE50DEUTSCHEMARKAJ3241597-D4 Category:

Description

7 numbers and plate number

For sale in this listing is an absolutely pristine uncirculated example of the 1948 50 Mark bank note issued by the Notenbank shortly after the cessation of the Second World War.

For all intentional purposes despite it being more than 60 years old it look and feels as fresh as if it was just off the printing press. Truly remarkable.

For any collector who wishes to put together a full collection from this period of German numismatics then this note will surely be a must have.

Additional information

SKU

Design

1948 NOTENBANK 50 DEUTSCHE MARK AJ3241597

Size: 171 x 86 mm

Catalogue: Ro345b

7 numbers and plate number 281

Grade: Uncirculated UNC

History

When the German Emissions and clearing bank was closed down on July 20th 1948 it was replaced by the German Federal Reserve which was based in the eastern Soviet occupation zone. It was not until 1957 when the task of printing and distributing notes was handed over to the Bundesbank.

Under new laws passed in 1951 the German Central bank had the sole rights to print notes and to manage the cash transactions of the state budget.

The State Bank of the GDR took over from the German Central bank on January 1 1968.

The Yalta Conference of the Allied victors of the Second World War divided Germany into 4 zones. The Eastern Zone was the part given to the Soviets.  This area included the German states of Saxony and Thuringen as well as large part of the provinces from Brandenburg and Mecklenburg Vorpommern.

The Soviet Zone became the territory of the newly founded German Democratic Republic (GDR) on October 7 1949.

You may also like…