GERMANY, 50 mark 30.3.1933 (1945) with ornament watermark

$15.00

GERMANY, 50 mark, 30.3.1933 (1945), Face: green on multicolor: Hansemanns, Back: green on multicolor, medallic head of Mercury L supported by allegorical children, watermark: ornament, P182b, Unc

18 in stock

SKU: 3124706 Categories: ,

Description

By the time the Nazis took over the German currency had been stabilized for several years.

Aside from China, other governments started using circulating “banknotes” starting in the 17th century AD. The practice became general in the 19th century. In the 20th century value of paper money in circulation far surpassed the value of coinage. In the 21st century paper money is fading and credit transactions are growing.