50 millions Mark - Westfalen (Freiherr vom Stein) 1923 front 50 millions Mark - Westfalen (Freiherr vom Stein) 1923 back
50 millions Mark - Westfalen (Freiherr vom Stein) 1923 photo
© tolnomur (CC BY-NC-SA)

50 millions Mark - Westfalen Freiherr vom Stein

1923 year
Gold plated tombac 32.5 g 44.5 mm
Description
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
Gold plated tombac
Weight
32.5 g
Diameter
44.5 mm
Thickness
3 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#20935
Rarity index
45%

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 authority: [Landesbank der Provinz Westfalen, ]

Interesting fact

One interesting fact about this coin is that it was minted during a time of economic crisis in Germany, specifically during the hyperinflation period of the 1920s. The coin's high denomination of 50 million marks reflects the extreme inflation that occurred during this time, when the value of the German mark plummeted. Despite being made of gold-plated tombac, the coin's value was not stable and its purchasing power was limited due to the economic instability of the time.

Price

Date Mintage VG F VF XF AU UNC
1923  37664 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 50 millions Mark - Westfalen (Freiherr vom Stein) 1923 coin.