The Deutsche Mark (German mark) was the official currency of West Germany (1948-1990) and Germany (1990-2002) until the adoption of the euro in 2002. It was first issued under Allied occupation in 1948 replacing the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until 1999, when the Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins in early 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro-in contrast to the other Eurozone nations, where the euro and legacy currency circulated side by side for up to two months. DM coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002. The Deutsche Bundesbank started issuing these 0.02 Deutsche Mark coins in 1950. he Deutsche piece of 2 pfennig is imprinted with the words ‘Bundesrepublik Deutschland’, meaning Federal Republic of Germany. The reverse of this coin shows an oak seedling, which is a metaphor for growth in the German postwar era. There are 100 pfennigs in a Deutsche Mark, so 2 pfennigs is the equivalent of 0.02 DM.
|Product Currencies||German Deutsche Marks|
|Series||Outmoded Deutsche Marks Coins|
|Composition material||Copper Clad Steel|
|Text||FEDERAL REPUBLIC OF GERMANY A-Berlin D-Munich F-Stuttgart G-Karlsruhe J-Hamburg|
|Object||An Oak Seedling|
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