Germany 500 Mark (Deutsche Bundesbank)

Germany 500 Mark (Deutsche Bundesbank)

$175.00

Do you have a Germany 500 Marks (Deutsche Bundesbank) Banknote? Here’s how to exchange it with us.

 

  • Tell us how many 500 Germany Mark you want to exchange
  • Click on the ‘Add to Cart’ button.
  • This will add the exchange value to your online wallet.
Repeat these steps for all banknotes, coins, stamps, and gift cards you want to exchange. Complete the checkout process and get paid within a week or less. 
You get: $175.00

Description

Germany 500 Mark (Deutsche Bundesbank)

The Deutsche Mark (Germany 500 Mark (Deutsche Bundesbank)) 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.

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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 500 Deutsche Mark banknotes in 1960.

They were withdrawn from circulation in 1991.

The note of 500 fünfhundert deutsche mark shows “Portrait of a Man Without Beard” (by Hans Maler zu Schwaz)

On the back, Eltz Castle in Munstermaifeld, Germany.

Text: 500, Deutsche Bundesbank, Banknote, Fünfhundert Deutsche Mark

The reason why of the Germany Mark

Produced in order to be prepared in case of a military attack from Eastern Europe.

Assuming that in case of a successful invasion the enemy would take possession of the Deutsche Mark notes and coins.

All regular DM-notes would have been declared immediately as no longer valid.

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