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02-07-2007, 03:58 AM
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#1 (permalink)
| | Numismatist
Join Date: Dec 2004 Location: Wellington,New Zealand.
Posts: 6,467
|  Magdeburg local banknotes.
How many of you are aware that many German cities are now issuing their own local currency? Here's a link to a news item in relation to the issues from Magdeburg; http://news.bbc.co.uk/2/hi/europe/6333063.stm .
The Magdeburg currency is called the Urstromtaler,which is pegged to the Euro at a 1:1 ratio.The name 'Urstromtaler' is interesting,as the 'Taler' is derived from 'Thaler',& is where 'Tallero' & 'Tolar' are directly derived from.
Aidan.
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02-07-2007, 06:33 AM
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#2 (permalink)
| | Expert Plunger Sniper
Join Date: Mar 2005 Location: United States
Posts: 6,437
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Aidan..
I work for a German company and I just sent that page as a link to my CEO asking him if he knows anything about this. I am due to go over to Germany in March and who knows...might rubn into some??
RickieB
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"A disordered currency is one of the greatest political evils" Daniel Webster....
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02-07-2007, 07:02 AM
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#3 (permalink)
| | Numismatist
Join Date: Dec 2004 Location: Wellington,New Zealand.
Posts: 6,467
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RickieB,these can be regarded as the modern day equivilant of Notgeld.I wonder if there will ever be a catalogue written (in both German & English) listing these notes - like a German version of Pick.
What do you think?
Aidan.
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02-07-2007, 08:24 AM
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#4 (permalink)
| | Expert Plunger Sniper
Join Date: Mar 2005 Location: United States
Posts: 6,437
My Mood: | Quote: |
Originally Posted by Aidan Work RickieB,these can be regarded as the modern day equivilant of Notgeld.I wonder if there will ever be a catalogue written (in both German & English) listing these notes - like a German version of Pick.
What do you think?
Aidan. |
Hi Aidan..
I am not sure what to think at the moment. For me it will require a little reading and investigation.
When I make an interpretation I will get back with you.
RickieB
__________________
"A disordered currency is one of the greatest political evils" Daniel Webster....
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U.S.M.C. 1972-1975 | |
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02-07-2007, 08:22 AM
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#5 (permalink)
| | Coin Collector
Join Date: Sep 2002 Location: NW · DE · EU
Posts: 2,077
| Quote: |
Originally Posted by Aidan Work The name 'Urstromtaler' is interesting,as the 'Taler' is derived from 'Thaler',& is where 'Tallero' & 'Tolar' are directly derived from. | The term is a little playful - "Urstromtal" means glacial valley, and the Elbe valley around Magdeburg is one. The "t(h)aler" is derived from the place name Joachimsthal (Joachim Valley), and similarly Urstromtaler is derived from Urstromtal ...
There are about two dozen different "local currencies" in Germany; the one in Magdeburg has been around since 2004. In our city (Düsseldorf), for example, there is the "Rheingold". And the Rheingold notes look kind of neat, except I have never seen any in use. 
Christian
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02-07-2007, 08:38 AM
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#6 (permalink)
| | Numismatist
Join Date: Dec 2004 Location: Wellington,New Zealand.
Posts: 6,467
| German local currency banknotes.
Quote: |
Originally Posted by chrisild The term is a little playful - "Urstromtal" means glacial valley, and the Elbe valley around Magdeburg is one. The "t(h)aler" is derived from the place name Joachimsthal (Joachim Valley), and similarly Urstromtaler is derived from Urstromtal ...
There are about two dozen different "local currencies" in Germany; the one in Magdeburg has been around since 2004. In our city (Düsseldorf), for example, there is the "Rheingold". And the Rheingold notes look kind of neat, except I have never seen any in use.
Christian | Christian,thank you for that translation.Do you reckon that there will ever be a priced catalogue listing these notes? I think there was once a priced catalogue that was published many years ago listing the Notgeld banknotes.
If you do get any Rheingold (Rhine Gold) notes,can you please post some photos of them? Who knows,a local coin dealer may sell you some expired issues for a few Euros.
Aidan.
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02-07-2007, 01:36 PM
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#9 (permalink)
| | Numismatist
Join Date: Dec 2004 Location: Wellington,New Zealand.
Posts: 6,467
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Christian,the word 'Gutschein' (possibly means 'Good For' when translated to English) also appears on quite a lot of Notgeld notes.
Those are nice Rheingold notes.I'm sure that if you were offered them,you'd accept them as a form of payment,even from your eBay customers in the Dusseldorf region.Then you would let them expire,& then make up sets to sell on eBay.
Aidan
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02-10-2007, 08:37 AM
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#10 (permalink)
| | Coin Collector
Join Date: Sep 2002 Location: NW · DE · EU
Posts: 2,077
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Hehe, I don't really "do" eBay, but in such a case, yes, I would probably accept a Rheingold note ... for that purpose.  The word Gutschein means voucher - but then again, a voucher is indeed "good for" something.
Christian
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