I was given these a while ago by uncle who received them from his father who was in Europe during WWII. He said it was money that the U.S. troops were issued during the war. Any info/opinions? Are they worth anything?
Yea, Im wondering about them as well. My Grandmother showed me a whole stack of them the otherday. She said her brother got them while he was in the war. She has alot of them though. Stacks of 20 Marks, 50 Marks, and 100 Marks. All of them are crisp and look brand new. And all are dated 1944
These notes are Allied Military Currency for Germany. They were issued by the occupying powers towards the end of the war up until the 1948 German Currency Reform. Some were printed in the US and others in the Soviet Union. The notes pictured were printed by the USSR. This can be identified by the serial number style. A serial number with a dash and the first two digits set off from the other six digits identifies it as a Soviet print. The US notes also have a secret printers mark. It is a stylized letter f (for Forbes Lithograph) located in the scrollwork by the lower right counter on the 50 and 100 mark notes. The Russian notes are more common than the US printed notes. In the condition shown they might fetch a buck or two.
I may be in over my head, here, lettow, but can't these still be redeemed for euros? I don't know what the conversion factor might be, but I'd think a 100 DM note should fetch more than the equivalent of a buck or two, no? Hey, just askin'...
it depends on the country i think. i was looking into the value of an old Germanmark,and Germany does have an open conversion factor for its old marks. You must take it to the central bank though (i foget what they call it). the conversion factor is pegged to a certain value for any outstanding notes. to be honest. all the notes that do get turned in are gone forever. it would be better to see the notes sold to a collector. But i do not know if these notes are still backed by anything sice they werent issued BY germany.
The Allied Military Currency for Germany cannot be redeemed. It is based on the Pre-war Reichsmark and became obsolete as a result of the 1948 German Currency Reform which introduced the Deutsche Mark on a 10-1 exchange. The Supplemental Francs issued by the Allies for use in France were redeemable until recently. I do not know if they are still redeemable today. When they could be redeemed they were only good for 1/100 of the franc that was exchanged for the Euro because of a currency reform during the 1960s in which 100 francs were exchanged for 1 new franc.
