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Germany 50 Mark (Deutsche Bundesbank)
$23.90
Description
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 50 Deutsche Mark banknotes in 1960. They were withdrawn from circulation in 1989. This fünfzig deutsche mark banknote has an image of Holsten-Tor Gate in Lubeck, Germany.
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