Tiffibunny Posted December 21, 2005 Report Share Posted December 21, 2005 1920 Germany Halle 10 Pfennig Notgeld Coin, Iron. 1923 German States Hamburg 200,000 Mark Notgeld Coin, Aluminum. 1923 German States Hamburg 1/2 Million Mark Notgeld Coin, Aluminum. 1975 Germany Hamburg Mint 100th Anniversary Medal I have a few more of the Hamburg notgeld pieces yet to image. Link to comment Share on other sites More sharing options...
Ian Posted December 21, 2005 Report Share Posted December 21, 2005 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 Link to comment Share on other sites More sharing options...
elverno Posted December 21, 2005 Report Share Posted December 21, 2005 I love notgeld! And Hamburg is one of my favorite German cities to collect! Thanks. Link to comment Share on other sites More sharing options...
ccg Posted December 22, 2005 Report Share Posted December 22, 2005 I didn't know that Hamburg's COA also appeared in aluminium. Neat! (Al's a great metal when it's in UNC) Link to comment Share on other sites More sharing options...
Art Posted December 22, 2005 Report Share Posted December 22, 2005 Wow! I really like that Hamburg Coat of Arms. Link to comment Share on other sites More sharing options...
tabbs Posted December 22, 2005 Report Share Posted December 22, 2005 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. 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 Link to comment Share on other sites More sharing options...
Ian Posted December 24, 2005 Report Share Posted December 24, 2005 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 Wow....I am impressed. Thanks for that insight Christian. 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. Ian Link to comment Share on other sites More sharing options...
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