E-auction 552-482843 - fwo_855635 - GERMANY 10 Rentenpfennig gerbe de blé 1924 Muldenhütten - E

GERMANY 10 Rentenpfennig gerbe de blé 1924 Muldenhütten - E VF

You must signin and be an approved bidder to bid, LOGIN TO BID. Accounts are subject to approval and the approval process takes place within 48 hours. Do not wait until the day a sale closes to register. Clicking on « bid » constitutes acceptance of the terms of use of cgb.fr private e-auctions. Bids must be placed in whole Euro amounts only. The sale will start closing at the time stated on the item description; any bids received at the site after the closing time will not be executed. Transmission times may vary and bids could be rejected if you wait until the last second. For further information ckeck the E-auctions F.A.Q.

NO BUYER'S FEE.

Estimate :	5 €
Price :	no bid
Maximum bid :	no bid
End of the sale :	13 November 2023 17:37:00

Type : 10 Rentenpfennig gerbe de blé

Date: 1924

Mint name / Town : Muldenhütten - E

Quantity minted : 18679000

Metal : copper

Diameter : 21 mm

Orientation dies : 12 h.

Weight : 4,07 g.

Edge : lisse

Coments on the condition:

Coups sur les deux faces

Catalogue references :

AKS.38 - KM20/34

Obverse

Obverse legend : *DEUTSCHES REICH*RENTENPFENNIG.

Obverse description : chiffre dix dans un losange entouré de quatre feuilles de chêne.

Reverse

Reverse legend : LETTRE D’ATELIER // DATE.

Reverse description : épis de blé croisés.

Commentary

Le Rentenmark (divisé en 100 Rentenpfennig) est introduit le 15 novembre 1923 afin de stopper l’hyperinflation des années 1922 et 1923. Le Rentenmark vaut 1000 milliards de “papiermark”. Son taux de change avec le dollar est fixé à 1 US$ = 4,2 RM. Le Rentenmark participera de manière efficace à l’arrêt de l’hyperinflation et sera peu à peu remplacé à partir de 1924 par le Reichsmark. Il sera échangeable jusqu’en 1948..
The Rentenmark (divided into 100 Rentenpfennig) was introduced on November 15, 1923, to stop the hyperinflation of 1922 and 1923. The Rentenmark was worth 1,000 billion papiermarks. Its exchange rate with the dollar was set at 1 US$ = 4.2 RM. The Rentenmark played an effective role in stopping hyperinflation and was gradually replaced by the Reichsmark from 1924 onward. It remained exchangeable until 1948.