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Tiffibunny
Dec 21 2005, 08:43 AM
user posted image
1920 Germany Halle 10 Pfennig Notgeld Coin, Iron.

user posted image
1923 German States Hamburg 200,000 Mark Notgeld Coin, Aluminum.

user posted image
1923 German States Hamburg 1/2 Million Mark Notgeld Coin, Aluminum.

user posted image
1975 Germany Hamburg Mint 100th Anniversary Medal


I have a few more of the Hamburg notgeld pieces yet to image.
Ian
Dec 21 2005, 09:19 AM
neat! Notgeld of that period gives a fascinating insight into what `inflation' is and does.

200,000 marks and 1/2 million marks represented by a two small bits of aluminium. Sure, they are pretty, but I wonder how many eggs they would have bought at the time.

Ian
elverno
Dec 21 2005, 10:43 PM
I love notgeld! And Hamburg is one of my favorite German cities to collect! Thanks. smile.gif
ccg
Dec 22 2005, 03:25 AM
I didn't know that Hamburg's COA also appeared in aluminium. Neat! (Al's a great metal when it's in UNC)
Art
Dec 22 2005, 03:53 AM
Wow! I really like that Hamburg Coat of Arms.

tabbs
Dec 22 2005, 05:09 PM
QUOTE(Ian @ Dec 21 2005, 10:14 AM)
200,000 marks  and 1/2 million marks represented by a two small bits of aluminium. Sure, they are pretty, but I wonder how many eggs they would have bought at the time.
[right][snapback]138996[/snapback][/right]

At the peak of the inflation, that would depend on the time of the day.

Lesseee ... 10 eggs would cost about 3.10 Mk in Jul-1918, 3.40 (Jul-1919), 8.00 (Jul-1920), 16.00 (Jul-1921), 49.00 (Jul-1922), 8,000.00 (Jun-1923), 500,000.00 (Aug-1923), 20 million (Sep-1923), 19.5 billion (Oct-1923). So that "1/2 million" coin dated August 1923 would have bought you exactly those ten eggs.

(And this does not even take average incomes etc. into account.)

Christian
Ian
Dec 24 2005, 01:56 PM
QUOTE(tabbs @ Dec 22 2005, 06:04 PM)
At the peak of the inflation, that would depend on the time of the day.

Lesseee ... 10 eggs would cost about 3.10 Mk in Jul-1918, 3.40 (Jul-1919), 8.00 (Jul-1920), 16.00 (Jul-1921), 49.00 (Jul-1922), 8,000.00 (Jun-1923), 500,000.00 (Aug-1923), 20 million (Sep-1923), 19.5 billion (Oct-1923). So that "1/2 million" coin dated August 1923 would have bought you exactly those ten eggs.

(And this does not even take average incomes etc. into account.)

Christian
[right][snapback]139570[/snapback][/right]


Wow....I am impressed. Thanks for that insight Christian. smile.gif

I do like to have an appreciation of relative values / purchasing power of coins. It gives an idea as to how the people using them actually viewed them.

The current UK brass £1 coin would buy just slightly more eggs...or maybe less if they were free range. wink.gif

Ian
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