1923-A 200 Mark & 1923-A 500 Mark. I picked these up yesterday. The 500 Mark is in exceptional, almost proof-like condition.
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Actually they're not. When people see such a coin, they may be tempted to say, aluminum 200 and 500 mark coins are signs of the inflation at that time. And yes, of course they are - but what you cannot see is how much they were actually worth. By the time these issues were published in the government bulletin, they would get you hardly anything: In pre-inflation terms - gold mark or US dollar - the 200 (500) had a value of 4 (6) pfennig in spring 1923. When the production was stopped in August '23, their value was 0.00025 (0.00063) pfennig. Many of these were not even issued but sold as scrap metal. For money, using paper was cheaper ... Christian
This is no doubt why so many of these can be found in pristine condition like that, for very modest prices. They come nice. I have always liked them for that. Lots of bang for the buck. Aluminum coins are really quite lovely in UNC and BU. Your 500-mark piece does indeed look nice, even for an issue that is commonly found very nice.
