We are offering a 1930 G silver 5 reichsmarks from Germany. There is no wear and full mint luster on this coin. There are few contact marks and none are distracting. The design shows great details on both sides. In our opinion, we believe this coin to be in uncirculated condition.
The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was 1 ℛℳ = 1012 Papiermark (one trillion in US English and French, one billion in German and other European languages and UK English of the time; see long and short scales). To stabilize the economy and to smooth the transition, the Papiermark was not directly replaced by the Reichsmark, but by the Rentenmark, an interim currency backed by the Deutsche Rentenbank, owning industrial and agricultural real estate assets. The Reichsmark was put on the gold standard at the rate previously used by the Goldmark, with the U.S. dollar worth 4.2 ℛℳ.
T-2 - XZFSM - 4/12 - S60 - BC
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DISCLAIMER: Please examine the photos carefully and purchase based on the condition you see and believe the item is. We do not offer any of our currency or coins that are raw with grades, we offer them only with photos and our asking price. We will state our opinion, but, you be the judge of the quality of our raw currency and coins. We will not specify or guarantee a grade unless the coin or currency has been professionally graded by PCGS, NGC, or PMG.
Please note on older coins such as the one offered here that it is not uncommon for them to have noticeable environmental damage, cleaning, or other defects. This is normal for coins of this age. We do our best to provide good pictures you can enlarge and make your own judgment from and in most cases, we will offer our opinion. Grading is not a science but rather an opinion!
1930 G Germany Silver 5 Reichsmark
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