© Willem63 (CC BY-NC-SA)
© Willem63 (CC BY-NC-SA)
50 Millionen Mark - Westfalen Freiherr vom Stein
1923 year| Aluminium | 5.6 g | 37.8 mm |
| Issuer | Prussian province of Westphalia (German notgeld) |
|---|---|
| Issuing bank | Landesbank der Provinz Westfalen |
| Period | Weimar Republic (1918-1933) |
| Type | Non-circulating coin |
| Year | 1923 |
| Value | 50 000 000 Mark (50 000 000) |
| Currency | Mark (1914-1924) |
| Composition | Aluminium |
| Weight | 5.6 g |
| Diameter | 37.8 mm |
| Thickness | 2.4 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-04 |
| Numista | N#20321 |
|---|---|
| Rarity index | 35% |
Reverse
Legend surrounding bust of Freiherr vom Stein
Script: Latin (Fraktur blackletter)
Lettering: Minister vom Stein•Deutschlands Führer in schwerer Zeit 1757-1831
Lettering (regular font): Minister vom Stein•Deutschlands Führer in schwerer Zeit 1757-1831
Edge
Plain
Comment
Issuing agency: [Landesbank der Provinz Westfalen, ]
Interesting fact
One interesting fact about the 50 Millionen Mark - Westfalen (Freiherr vom Stein) 1923 coin is that it was issued during a time of extreme inflation in Germany, known as the "hyperinflation" of 1922-1923. The coin's face value of 50 million marks was a staggering amount at the time, but due to the inflation, it was actually worth very little in real terms. In fact, the coin's value was so low that it was not even legal tender, and it was only used as a collector's item. Despite this, the coin remains a fascinating piece of history and a reminder of the economic challenges faced by Germany in the aftermath of World War I.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1923 | 995000 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 50 Millionen Mark - Westfalen (Freiherr vom Stein) 1923 coin.
