fine rentenmark 1923 value
German-issued Greek National currency valued at 5,000 Drachmai. Due to the invasion and the harsh economic policies, hundreds of thousands of Greeks died from lack of food during the German occupation. Then Germany occupied all of Greece, and forced the Greek government to pay for the occupation by printing more paper money with higher denominations. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). The currency was issued in seven denominations: 1, 10, and 50 Reichspfennig and 1, 2, 5, and 10 Reichsmark. Many of the Greek notes featured figures and images from Greek Mythology. German-issued Greek National currency valued at 500,000 Drachmai. Banknotes from 2021 buying, selling or collecting? Reichsbank note, valued at 100,000 marks, distributed in Germany from July to November 1923. So the hypothetical value could be 0.0000001 or 650 Marks. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). The inflation grew to critical levels between 1922 and1923, when the exchange rate of the mark to the United States dollar went from 2,000 marks per dollar to well over a million in a matter of months. Buy, sell, trade and exchange collectibles easily with Colnect collectors community. Amid growing anarchy, culminating in the Beer Hall Putsch, which saw the arrest of Adolf Hitler, Berlin created the. Notes worth RM3.2 billion were issued. During and immediately after World War II, the Allied powers worked cooperatively to issue special currency for Allied troops in countries they had liberated or newly occupied. In 1923 the exchange rate between the mark and the dollar had reached unimaginable levels: 4,200,000,000,000 marks for one dollar. The government printed higher and higher denominations, but were unable to keep up with the plunging rates. The exchange scrip had Auenkommando, outside command, printed across the front, and was issued to inmates working in the Buchenwald subcamps. However, the Italian authorities resisted participating in the mass murder and did not permit deportations of Jews from Italy. The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. Germany, Italy, and Bulgaria collectively occupied Greece until Italys surrender to the Allies in September 1943. The front design features a large chimney from the camp laundry and a street known as the Boulevard of Misery. The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. Free shipping for many products! Ignacy Gutman designed all the denominations of the paper scrip and they were printed by the Manitius Printing House. The mark was a currency or unit of account in many states. Both issues were printed under strict security measures by the Forbes Lithograph Manufacturing Company in Boston, Massachusetts. il a remplac le Allemand Papiermark, dont il avait t entirement crit. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. Due to the invasion and the harsh economic policies, hundreds of thousands Grecians died from lack of food during the German occupation. This reference provides text, photographs, charts, maps, and extensive indexes. In order to stabilize the economy, the German government established the Rentenbank. To compensate the prisoners for their work, Germany distributed currency that was to be used in the POW camps. The d ghetto was the only German ghetto or concentration camp that minted coinage. The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. Moneta. Germans began using the worthless bills as kindling, wallpaper, and childrens crafts. Then Germany occupied all of Greece, and forced the Greek government to pay for the occupation by printing more paper money with higher denominations. Featured on the face is an image of the head of the Antikythera Ephebe (also known as the Antikythera Youth), a bronze statue of a young man discovered in 1900 by sponge-divers off the island of Antikythera, Greece. The back design again features the chimney, in addition to a large, toothed spur gear. The subcamp was evacuated in April 1945, as Allied forces approached. at Marked By Teachers. The scrip was printed by the National Bank in Prague in 7 denominations: 1, 2, 5, 10, 20, 50, and 100. The currency was discontinued after the Roman conquest of Greece, and reissued after Greece gained independence from the Ottoman Empire. The scrip, sometimes referred to as rumki or chaimki, after the Elder of the Judenrat, Chaim Mordechai Rumkowski and was issued in denominations of: 1, 2, 5, 10, 20, and 50 mark notes; 5, 10, and 20 mark coins; and 50 pfennig notes and 10 pfennig coins. The scrip was printed by the National Bank in Prague in 7 denominations: 1, 2, 5, 10, 20, 50, and 100. The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. It included a mens camp and a womens camp, and all inmates were forced to work either in the factory or in construction. The notes are dated 1 January 1943, but were not distributed until May 1943. Featured on this note is Athena, goddess of wisdom and courage. However, for Western Allied prisoners, life inside the camps was tough but generally fair, as Germany, with some exceptions, usually followed the Geneva Convention Rules for ethical treatment of POWs. TTY: 202.488.0406. Due to the invasion and the harsh economic policies, hundreds of thousands of Greeks died from lack of food during the German occupation. The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. Rentenmark A temporary currency in Germany in the 1920s. Often shortened to 'RM', the Rentenmark translates to 'pension mark'. Despite this, the Nazi Party continued to use peoples residual economic fears as a propaganda tool to gain power, eventually leading to Adolf Hitler becoming Chancellor in 1933. Bankers and politicians on 15 October 1923, the day the Rentenmark Ordinance was published Fergusson describes it being seen at the time as "radically unsound." Nobody thought the rentenmark would help. Women were not sent to the camp until late 1943 or early 1944, and they worked mainly in the munitions factories in the subcamps. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). Catalog . Many of the Greek notes featured figures and images from Greek Mythology and history. The Greek currency, called Drachma, can be traced back to the 6th century BC. Many of the Greek notes featured figures and images from Greek Mythology and history. The German government attempted to solve this problem by printing more money, which led to severe inflation. By November 1923, prices were nearly a trillion times pre-war levels. On April 6, 1941, Germany invaded Greece to support Italy and forced the Greeks to surrender by the end of the month. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. Foreign currency reserves at the Reichsbank dwindled. Initially, the camps were constructed for Czech forced laborers, but in June 1941, the first French and Russian prisoners of war (POWs) arrived in the mens camp. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. Following their defeat, the Treaty of Versailles obligated Germany to pay reparations to several countries, which increased the nations financial struggles. The majority of them did not survive. In order to stabilize the economy, the German government established the Rentenbank. There were hardly any Jews in the camp until March 1945, when a group of Hungarian Jewish women were transported from Nrnberg, a Flossenbrg subcamp, following its evacuation. The scrip was printed by the National Bank in Prague in 7 denominations: 1, 2, 5, 10, 20, 50, and 100. It included a mens camp and a womens camp, and all inmates were forced to work either in the factory or in construction. Rentenbank note, valued at 1 Rentenmark, distributed for use in Germany from January 1937 to 1948. Prisoners, including Jews, were treated much better than their counterparts in the German camps. [1] It was subdivided into 100 Rentenpfennig and was replaced in 1924 by the Reichsmark. Scrip was issued to Cremonas prisoners in exchange for outside currency to inhibit escape attempts. Then Germany occupied all of Greece, and forced the Greek government to pay for the occupation by printing more paper money with higher denominations. Mittelbau (also called Dora-Mittelbau and Nordhausen), located near the town of Nordhausen, was originally established on August 28, 1943, as a subcamp of Buchenwald, with the codename, Dora. Luther thus used Helfferich's idea of a currency backed by real goods. Polish partisans liberated the Holleischen subcamp on May 3, 1945. ANTI-INFLATION (WORTH 500 MILLION 1923 MARKS!) A prisoners treatment inside the camps varied depending on their nationality. On April 6, 1941, Germany invaded Greece to support Italy and forced the Grecians to surrender by the end of the month. American troops arrived two days later. The United Nations Relief and Rehabilitation Administration (UNRRA) team 596 issued three denominations of scrip: 10 cents, 50 cents, and 1 dollar. Both types of notes were issued in .50, 1, 2, and 3 mark denominations. The currency was discontinued after the Roman conquest of Greece, and reissued after Greece gained independence from the Ottoman Empire. Expert numismatists disagree on the authenticity of the Star of David stamp version, with one side believing the Star of David stamped scrip was issued to Jewish prisoners in the camp, while the other believes the notes are not genuine. German-issued Greek National currency valued at 2 billion Drachmai. A mint uncirculated German 10,000 Mark note dated 19-Jan-1922 is worth $20, dropping to $4-6 in very good used condition. While held at the camp, inmates were compelled to work in the factory. However, for Western Allied prisoners, life inside the camps was tough but generally fair, as Germany, with some exceptions, usually followed the Geneva Convention Rules for ethical treatment of POWs. There are two versions of the scrip known today: notes printed on cardstock with a Star of David stamp, and notes printed on paper without a stamp. by. It included a mens camp and a womens camp, and all inmates were forced to work either in the factory or in construction. The German government attempted to solve this problem by printing more money, which led to severe inflation. Then Germany occupied all of Greece, and forced the Greek government to pay for the occupation by printing more paper money with higher denominations. The notes were discontinued in 1944. The Greek currency, called Drachma, can be traced back to the 6th century BC. Dec. 10, 1923 The New York Times. The scrip was part of an elaborate illusion to make the camp seem normal and appear as though workers were being paid for their labor, but the money had no real monetary value. On April 6, 1941, Germany invaded Greece to support Italy and forced the Greeks to surrender by the end of the month. To encourage productivity on the assembly line, authorities paid the prisoners with scrip which could be exchanged for goods in the camp canteen. Allied Military currency (AMC), valued at 50 mark, printed in the Soviet Union and distributed for use in Germany by the Allied Military Government for Occupied Territories (AMGOT), from September 1944 to June 1948. Initially, the camps were constructed for Czech forced laborers, but in June 1941, the first French and Russian prisoners of war (POWs) arrived in the mens camp. The 1937 1 Mark note had two different designs. During World War II, many Lithuanians were deported to Nazi Germany as forced laborers. The Greek currency, called Drachma, can be traced back to the 6th century BC. Cremona concentration camp was an internment and labor camp that held both POWs and Jewish prisoners. Many of the Greek notes featured figures and images from Greek Mythology and history. A special currency was issued to incentivize work output, although the money had no real monetary value. After the beginning of World War II in September, 1939, Nazi Germany established a network of approximately 75 POW camps to house the enemy soldiers they captured across Europe. Germania. This infuriated the French so they decided to invade the Ruhr which was rich industrial land that belonged . While at the camp, inmates were compelled to work, and a special currency was issued to incentivize work output, but the money had no real monetary value outside the camp. In 1946 an ORT (Obchestvo Remeslenogo Truda, Association for the Promotion of Skilled Trades) vocational school was established in the camp. The new currency was backed by the land used for agriculture and business. Initially, the camps were constructed for Czech forced laborers, but in June 1941, the first French and Russian prisoners of war (POWs) arrived in the mens camp. Research family history relating to the Holocaust and explore the Museum's collections about individual survivors and victims of the Holocaust and Nazi persecution. American troops arrived two days later. The value of the. The emerging National Socialist German Workers (Nazi) Party frequently used the bills to their advantage, writing anti-Semitic messages on them, which blamed Jews for Germanys financial problems. 1 Rentenmark 1923 - Germany Banknote Pick161 - Series G03215802 - Xf - B38 - $129.99 1 Rentenmark 1923 - Germany Banknote Pick161 - Series G03215802 - Xf - B38 100% - Original Banknote. 100 % Authentic BANKNOTES,German WW2 Stamp 175627767247 Learn about over 1,000 camps and ghettos in Volumes I-III of this encyclopedia, which are available as a free PDF download. fine rentenmark 1923 value. Following their defeat, the Treaty of Versailles obligated Germany to pay reparations to several countries, which increased the nations financial struggles. With the help of the emergency law (Ermchtigungsgesetz) of 13 October 1923 which gave the government the power to issue decrees on financial and economic matters, the plan was implemented that same day, 15 October 1923. The scrip was issued in the German-controlled ghetto from June of 1940 to its liquidation in the fall of 1944. Despite this, the Nazi Party continued to use peoples residual economic fears as a propaganda tool to gain power, eventually leading to Adolf Hitler becoming Chancellor in 1933. Scrip, valued at 2 Reichsmark, distributed at the Metallwerke Holleischen GmbH munitions factory in Holleischen, a subcamp of Flossenbrg concentration camp in Germany. A special currency was issued to incentivize work output, although the money had no real monetary value. Many of the Greek notes featured figures and images from Greek Mythology. $599.95 or Best Offer SPONSORED 1924 Germany PIRMASENS 1 Trillion / 1.000.000.000.000 Mark Banknote $120.00 Free shipping After the beginning of World War II in September, 1939, Nazi Germany established a network of approximately 75 POW camps to house the enemy soldiers they captured across Europe. Home / fine rentenmark 1923 value rentenmark: [noun] a temporary German monetary unit used for banknotes issued in 1923 to stabilize currency, made equivalent to one billion inflated imperial marks, and superseded by the reichsmark. There were hardly any Jews in the camp until March 1945, when a group of Hungarian Jewish women were transported from Nrnberg, a Flossenbrg subcamp, following its evacuation. The excess Drachmai caused hyperinflation, and the price for goods and services rose dramatically. There are two versions of the scrip known today: notes printed on cardstock with a Star of David stamp, and notes printed on paper without a stamp. The Holleischen subcamp was established in Czechoslovakia, near the German-Czech border, in 1941. Rentenmark - Collecting Coins Now that the State has lifted the restrictions we look forward to seeing you at the viewing and the Dixson Room for the auction. It was introduced in 1923 as part of a successful effort to end the hyperinflation suffered by the papiermark. Scrip, valued at 10 Lire, distributed in Cremona concentration camp in Cremona, Italy. Both types of notes were issued in .50, 1, 2, and 3 mark denominations. American troops arrived two days later. While held at the camp, inmates were compelled to work, and a special currency was issued to incentivize work output, though the money had no real monetary value. 34216 10 Rentenmark 1923, Ro.157 in sehr schner Gebrauchserhaltung mit senkrechtem Knick, angestoener In Banknotes Bidding has ended Auction Date: Feb 10, 2016 9am CET Hammer Price: Auctioneer has chosen not to publish the price of this lot Lot Location: Bietigheim-Bissingen Auctioneer: Auktionshaus Christoph Grtner +49 (0)7142 789400 The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). The inflation grew to critical levels between 1922 and1923, when the exchange rate of the mark to the United States dollar went from 2,000 marks per dollar to well over a million in a matter of months. The Greek currency, called Drachma, can be traced back to the 6th century BC. The scrip was printed by the National Bank in Prague in 7 denominations: 1, 2, 5, 10, 20, 50, and 100. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. Initially, the camps were constructed for Czech forced laborers, but in June 1941, the first French and Russian prisoners of war (POWs) arrived in the mens camp. After the beginning of World War II in September, 1939, Nazi Germany established a network of approximately 75 POW camps to house the enemy soldiers they captured across Europe. Price Guide Click on the Header Icon to display headers above the selected row. (German OCCUPATION CURRENCY Banknote 20 MARK 1939-45. The goal of the joint currency issues was to protect local economies from inflation or weakening of their currency, and to present a united front. Scrip was issued to Cremonas prisoners in exchange for outside currency to inhibit escape attempts. Polish partisans liberated the Holleischen subcamp on May 3, 1945. American troops arrived two days later. The d ghetto was the only German ghetto or concentration camp that minted coinage. It included a mens camp and a womens camp, and all inmates were forced to work either in the factory or in construction. Under German pressure, Italian fascists passed antisemitic legislation in 1938, and later established domestic concentration camps for military and civilian internees. Reichsbank note, valued at 5 Reichsmark, distributed in Germany from August 1942 to 1948. The government printed higher and higher denominations, but was unable to keep up with the plunging rates. Despite this, the Nazi Party continued to use peoples residual economic fears as a propaganda tool to gain power, eventually leading to Adolf Hitler becoming Chancellor in 1933. Due to the Nazi belief that Soviet prisoners were racially and politically inferior, they were starved and treated brutally, resulting in millions of deaths. The inflation grew to critical levels between 1922 and1923, when the exchange rate of the mark to the United States dollar went from 2,000 marks per dollar to well over a million in a matter of months. The vampire represented France sucking the blood out of Germany because of the heavy reparations they were forced to pay. This caused the regional economy of the Ruhr, the industrial heartland of Germany, to almost stop. Watermark: Small pattern (pattern and rings) CN: 8 digits, red. However, the canteens were poorly stocked, which rendered the notes essentially worthless. On April 6, 1941, Germany invaded Greece to support Italy and forced the Greeks to surrender by the end of the month. Scrip, valued at 10 cents distributed in Scheinfeld displaced persons camp (DP) in Scheinfeld, Germany from April until July, 1946. He was ordered to make Moses appear more stereotypically Semitic in appearance and to arrange Mosess hand so that it is covering one of the commandments. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). During World War II, many Lithuanians were deported to Nazi Germany as forced laborers. In the barrack section, a large hall held various programs, concerts, lectures, and plays. The second issue replaced the flag with the word France, and was called the provisional franc. Scrip, valued at 1 dollar, distributed in Scheinfeld displaced persons camp (DP) in Scheinfeld, Germany from April until July, 1946. In 1948, it was approx. Year : 1923 / 1937. police officer relieved of duty. Once completed, assembly line production of V-2 rockets began in late December of 1943. Peter Kien, a Czechoslovakian poet, artist, and inmate of Theresienstadt designed the notes, but his original design was rejected by SS General Reinhard Heydrich. German-issued Greek National currency valued at 10,000 Drachmai. Due to the invasion and the harsh economic policies, hundreds of thousands Grecians died from lack of food during the German occupation. During the occupation, the price of corn was 9 million Drachmai per pound. The scrip was part of an elaborate illusion to make the camp seem normal and appear as though workers were being paid for their labor, but the money had no real monetary value. On April 6, 1941, Germany invaded Greece to support Italy and forced the Grecians to surrender by the end of the month. The camp was located on the grounds of the 17th century, Schwarzenberg castle, and included a hospital, dental clinic, sanitation office, drug store, canteen, bakery, clothing store, two restaurants, and laundry and shoe repair services. Do you combine shipping? The 1 Rpf and 2 Rpf were minted in bronze, with the 5 Rpf, 10 Rpf, and 50 Rpf coins in aluminium-bronze. Scrip was issued to Cremonas prisoners in exchange for outside currency to inhibit escape attempts. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. Following their defeat, the Treaty of Versailles obligated Germany to pay reparations to several countries, which increased the nations financial struggles. In the womens camp, by 1944, the majority of the prisoners were French, followed by Polish people and Russians. On the opposite side is an image of a woman from Paramithia in traditional dress. The scrip has a repeating MWH across the note, representing the Metallwerke Holleischen GmbH logo, and was printed in 17 denominations ranging in value from 1 Reichspfennig (rpf) to 5 Reichsmark (rm). The camp was closed in the autumn of 1949. Eine Rentenmark Ausgegeben auf Grund der Verordnung vom 15.October 1923 [R.-B.-BLI 5.963] BERLIN, den 30. The currency was discontinued after the Roman conquest of Greece, and reissued after Greece gained independence from the Ottoman Empire. Featured on this note is a coin with the images of the king and queen of the Olympian gods, Zeus and Hera, and the Cretan Bull, which was captured by Heracles. Reichsbank note, valued at 2 million marks, distributed in Germany from August to November 1923. When France, Britain, the United States, and the Soviet Union placed Germany under allied occupation in 1945, the Deutsche Mark became the official Germany currency, but the Rentenmark and the Reichsmark both remained in circulation until 1948. Reichsbank note, valued at 10 million marks, distributed in Germany from August to November 1923. On October 28, 1940, Italy invaded Greece, but they were repelled by the Greek forces. The goal of the joint currency issues was to protect local economies from inflation or weakening of their currency, and to present a united front to countries they were occupying and those they were still fighting. A special currency was issued to incentivize work output, although the money had no real monetary value. On April 6, 1941, Germany invaded Greece to support Italy and forced the Grecians to surrender by the end of the month. During and immediately after World War II, the Allied powers worked cooperatively to issue special currency for Allied troops in countries they had liberated or occupied. An agency that provided DPs with food, clothing, medicine, and helped to repatriate people to their home countries. The notes only held value in the POW camps and their official use was for the purchase of goods from the canteens. It included a mens camp and a womens camp, and all inmates were forced to work either in the factory or in construction. German-issued Greek National currency valued at 100 Drachmai. In order to stabilize the economy, the German government established the Rentenbank. Scrip, valued at 40 Reichspfennig, distributed at the Metallwerke Holleischen GmbH munitions factory in Holleischen, a subcamp of Flossenbrg concentration camp in Germany. A special currency was issued to incentivize work output, although the money had no real monetary value. Although the camps were called Campi Di Concetramento (Concentration Camps) the conditions and treatment of their internees were equivalent to prisoner of war (POW) camps for military and civilians. The Jewish Council was ordered to create a system of Quittungen (receipts) that could be used as currency only in the ghetto. Before the Rentenmark was introduced, the former national currency, the Papiermark, was valued at 4.2 billion marks to one U.S. dollar, and was backed by gold, which the treasury did not have. On April 6, 1941, Germany invaded Greece to support Italy and forced the Greeks to surrender by the end of the month. After Germany invaded the Netherlands on May 10, 1940, the German authorities began using Westerbork as a transit camp, holding internees until they were deported to forced labor camps or killing centers in other countries. The Holleischen subcamp was established in Czechoslovakia, near the German-Czech border, in 1941. In 1923 the market price for bread spiralled, reaching 700 Reichsmarks (January), 1200 (May), 100,000 (July), two million (September), 670 million (October) and then 80 billion Reichsmarks (November). 1:150. The notes were distributed under the orders of General Eisenhower, but the leader of the French Resistance, General Charles de Gaulle, called the AM francs counterfeit money and protested their use. The Reichsmark was officially replaced by the Deutsche Mark in 1945, when Germany was placed under allied occupation, but it remained legal tender until 1948. American troops arrived two days later. While held at the camp, inmates were compelled to work in the factory. During the occupation, the price of corn was 9 million Drachmai per pound. The scrip was printed in seven denominations: 0.50, 1, 2, 5, 10, 20, and 50 Lire. The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. Those displaced and left without income by the Ruhrkampf and their families fell back on public income support. Price Guide Click on the Header Icon to display headers above the selected row. Reichsbank note, valued at 20 million marks, distributed in Germany from July to November 1923. Ignacy Gutman designed all the denominations of the paper scrip and they were printed by the Manitius Printing House. The Greek currency, called Drachma, can be traced back to the 6th century BC. In response, prisoners in Polish camps created their own currency for internal use. Januar 1937. The essentially worthless paper bills gave way to bartering of supplies such as olive oil, cigarettes, and wheat. The frieze shows the procession of the Panathenaic festival, commemorating the birthday of the goddess Athena. The excess Drachmai caused hyperinflation, and the price for goods and services rose dramatically. Rottleberode opened as a subcamp of Buchenwald in March 1944, when prisoners were sent to excavate caves in the area. This included the evacuation of prisoners from the camp and the destruction of documentation relating to the production of the scrip. The Scheinfeld DP camp was established on April 28, 1946, by the United Nations Relief and Rehabilitation Administration (UNRRA). The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. Buchenwald operated 134 subcamps, and issued two different types of special currency. The excess Drachmai caused hyperinflation, and the price for goods and services rose dramatically.
fine rentenmark 1923 value