Description: Germany (East Germany, GDR) 50 Mark 1979 | Pick# FX5 | “Foreign Exchange” Certificate | PMG 66 EPQ GEM Uncirculated | Rare, Only 14 Examples Graded Higher by PMG This listing features a Germany (East Germany, GDR) 50 Mark Foreign Exchange Certificate from 1979, cataloged as Pick# FX5, and graded PMG 66 EPQ GEM Uncirculated. This note is a superb example of the Foreign Exchange (FEX) currency issued by the German Democratic Republic (GDR) during the Cold War era. What Are Foreign Exchange Certificates? Foreign Exchange Certificates (FEX) were a special form of currency used in East Germany by foreign visitors, diplomats, and GDR citizens returning from abroad. These certificates were utilized in Intershops—special stores where luxury goods and foreign products, typically unavailable to the general East German public, could be purchased. FEX certificates were a crucial part of the GDR’s dual-currency system, reflecting the controlled economy and limited access to foreign goods. This unique economic system makes these certificates highly collectible. Key Features: •Denomination: 50 Mark•Year: 1979•Country: East Germany (GDR)•Pick Number: FX5•Condition: PMG 66 EPQ GEM Uncirculated – this note is in pristine condition with flawless paper quality, sharp details, and vibrant colors.•Rarity: Only 14 examples of this issue have been graded higher by PMG, making it an exceptionally rare and desirable note in such high grade. Collectibility and Appeal: This Germany (GDR) 50 Mark Foreign Exchange Certificate (Pick# FX5) from 1979 is a rare and historically significant banknote, offering insight into the GDR’s economic policies during the Cold War. The PMG 66 EPQ GEM Uncirculated grade enhances its appeal, placing it among the best-preserved examples of this issue. Collectors of Cold War-era currency and East German banknotes will find this note to be an exceptional addition to their collection. Why Collect This 50 Mark Foreign Exchange Certificate? •Historical Significance: As part of the GDR’s controlled currency system, this 50 Mark Foreign Exchange Certificate reflects the unique economic structure of East Germany during the Cold War, providing a glimpse into the restricted access to foreign goods and currency.•Rarity and High Grade: With only 14 examples graded higher by PMG, this note is exceedingly rare in PMG 66 EPQ GEM Uncirculated condition, making it highly collectible for numismatists and historians alike.•Investment Potential: The scarcity of this Foreign Exchange Certificate, coupled with its high grade, ensures strong investment potential, particularly for those focusing on Cold War-era banknotes and Eastern European currency. Additional Details: •Perfect for Collectors: This note is ideal for those collecting East German banknotes, Cold War memorabilia, or rare Foreign Exchange Certificates.•Exceptional Condition: In PMG 66 EPQ GEM Uncirculated condition, this note is flawless, preserving its sharp details and original paper quality. Don’t Miss Out! This Germany (East Germany, GDR) 50 Mark 1979 (Pick# FX5) Foreign Exchange Certificate PMG 66 EPQ GEM Uncirculated is a rare and valuable opportunity to own a high-grade piece of Cold War-era currency. With only 14 examples graded higher by PMG, this note is a standout addition to any collection of East German banknotes or historical memorabilia. Bid now to secure this valuable piece of history! Journey into East Germany Banknote Collecting and Investing The fascinating world of East Germany banknotes offers collectors and investors a unique blend of history, political intrigue, and numismatic beauty. From the birth of the German Democratic Republic (GDR) in 1949 until its dissolution and reunification with West Germany in 1990, the currency of East Germany tells the story of a nation caught in the heart of the Cold War, shaped by Soviet influence and socialist ideals. For both seasoned collectors and those new to the hobby, East German banknotes present an intriguing journey through time. Why Collect East German Banknotes? 1.Historical Significance: Banknotes from East Germany (GDR) reflect the political and social history of a nation that no longer exists. As a cornerstone of the Cold War, East Germany represented one side of a divided Europe. The imagery on its banknotes, featuring workers, farmers, and state symbols, gives us a window into the country’s values, propaganda, and economic evolution.2.Cultural Reflection: The design of GDR banknotes often focused on symbols of the working class, education, and the collective society. This artistic portrayal contrasts with the banknotes of West Germany, making East German notes a unique cultural artifact from this historical period.3.Affordability: Unlike many other historical banknotes, East German currency can still be found at reasonable prices. Whether you are starting with smaller denominations or seeking rare, high-grade notes, there are options for every budget. This makes East German banknotes an accessible entry point for novice collectors, while still providing opportunities for experienced investors.4.Scarcity and Investment Potential: While many East German notes were printed in large quantities, certain issues and higher-grade specimens, particularly in Uncirculated (UNC) condition, are becoming increasingly scarce. As time passes and more collectors seek out these notes, their value continues to rise. Key issues like the 100 Mark notes or special anniversary editions are especially prized by investors. Iconic East German Banknotes to Collect •5 Mark (1964, Pick# 20): Featuring the iconic portrait of Friedrich Engels, this note reflects the socialist principles of the GDR. It’s one of the more common notes but still a beautiful piece for any collection.•10 Mark (1964, Pick# 21): Depicting Karl Marx, the co-founder of Marxist theory, this note serves as a symbol of East Germany’s ideological foundation. Higher grades of this note are highly sought after.•100 Mark (1975, Pick# 34): One of the higher-denomination banknotes, featuring Johann Wolfgang von Goethe, a figure representing both East and West German culture. In UNC condition, this note is a highlight for collectors.•200 Mark (1985, Pick# 42): A special issue released towards the later years of the GDR, this note is rare in high grades and has significant investment potential. Investing in East German Banknotes As the market for Cold War memorabilia continues to grow, East German banknotes offer collectors not only historical value but also investment opportunities. The key to maximizing investment returns is focusing on high-grade examples, particularly those graded by trusted services like PMG or PCGS. Notes in Uncirculated (UNC) condition or those with unique serial numbers are especially prized. The Future of East German Banknotes With the passing of time, more collectors are recognizing the value of East German banknotes as symbols of a bygone era. Their relative affordability, combined with their growing scarcity, makes them a promising investment. As the number of high-grade notes diminishes, the rarity and value of East German banknotes will continue to increase. Final Thoughts Collecting and investing in East German banknotes is more than just acquiring currency—it’s about preserving a chapter of 20th-century history. Whether you’re drawn to the political intrigue of the Cold War, the cultural reflections in the artwork, or the potential for future returns, these banknotes offer an enriching journey for any numismatist. So take the plunge into East German banknote collecting, and uncover the stories and value behind this fascinating and historically rich currency. _______________________________________________________________________________________________ What Makes Bloc Galleries Special? At Bloc Galleries, we don’t just sell collectibles – we live them. What makes us different? It’s our passion, our people, and our relentless commitment to making your collecting experience not just good but great. Here’s what sets us apart: Our Money-Back Guarantee We offer 100% seller paid returns, our money-back guarantee is simple, if the item isn’t quite what you expected, you can return it for any reason. Your Satisfaction, Our Mission We’re here to make sure your collecting experience is fun, exciting, and, above all, satisfying. You’re not just buying from us – you’re embarking on a collecting adventure with us by your side. At Bloc Galleries, we’re committed to offering the finest collectibles, backed by a team that’s always ready to make sure your experience is nothing short of outstanding. We know that when it comes to collectibles, photos and descriptions might not always match your exact expectations. We handle tens of thousands of items each year, and sometimes mistakes happen. If we ever mix up a listing or a photo, we’ll go the extra mile to make it right – even if it means offering a better grade or condition at the same or lower price. We’re all about turning those occasional hiccups into win-win moments for you. Not completely satisfied? You’ll get a full refund, including return shipping, on us. Just let us know (via eBay, phone, or text) before leaving feedback – we’re here to make things right. Our Team At Bloc Galleries, we believe that extraordinary things are only achieved by extraordinary people. We’re not just employees – we’re collectors, just like you. Each banknote, artifact, or treasure has a story, and we’re as invested in discovering and sharing these stories as you are. We pour in not just hours but heart, energy, and dedication. Sure, we’re human, and sometimes we stumble, but our commitment to always do right by you never falters. We’re not just here to sell – we’re here to join you on this exciting collecting journey. And if we ever mess up? We make it right – even if it costs us, because we’re in this for the long haul. Vast Acquisitions, Unbeatable Pricing Every quarter, we acquire tens of thousands of banknotes, leveraging our global network to source inventory you won’t find anywhere else. By buying in bulk, we’re able to pass on deep savings to you. Quality notes, below market prices – that’s just how we roll. The Thrill of Discovery We’re not about overly cataloging and pre-screening every item. Instead, our streamlined team focuses on curating auction lots with a sense of adventure. Our unsearched, high-grade currency lots are brimming with hidden gems, and our customers are continually amazed at the incredible finds they’ve snagged. Every bid is an opportunity to unearth something truly special. Customer-Friendly Bidding Our auctions kick off with low opening bids and no reserve pricing, making the experience transparent, exciting, and accessible for all. Whether you’re bidding on one item or twenty, we’ve got you covered with our flat shipping rate. Simplified Shipping, Maximum Value Shipping? We keep it simple. For just $6.50, for purchases made the same day (24 Hours) we’ll ship your treasure trove safely to your door. And yes, that flat rate covers combined shipping, whether you win one item or 25. We’ve got your back. Shipping & Handling We take shipping seriously. Our team carefully packages and ships items twice weekly, ensuring your orders arrive safely and promptly. Based in the heart of the U.S. (Fargo, ND), we typically see short delivery times, and for orders over $200, we include tracking for extra peace of mind. •Flat Rate Shipping: $6.50 for all domestic orders, including combined shipping on multiple items.•International Orders: We primarily use eBay’s Global Shipping Program, with an average rate of about $14 for international shipments. If costs are significantly higher, we’ll reach out to you. Note that international returns are not accepted, and customs regulations may apply. International Purchases For our international customers, we typically use eBay’s Global Shipping Program, which provides reliable shipping at a reasonable cost (around $14 on average). However, if the rate is higher, we’ll let you know. Combined orders will receive a custom shipping quote, but please note we do not offer free shipping on international orders. Make sure to check your country’s customs and regulations as international returns are not accepted. Payment & Cancellations We totally get that life happens. If you need extra time, no worries – just let us know! However, all unpaid orders will be automatically canceled after 5 days. Keep in touch if you need assistance, and we’ll work with you. Why Bloc Galleries? It’s simple. We’re passionate about what we do, and we want to make sure you are, too. Our auctions are more than just sales – they’re an adventure. Join us every week for your chance to discover new treasures and experience a team that’s here to make your collecting journey fun, exciting, and stress-free. Bloc Galleries – where discovery meets passion, and your satisfaction is our mission. DID YOU SEE CATS LAST NIGHT? In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, 'The Man Cat', in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the day's work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors. "Another misaligned watermark?" Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, "Splendid effort on the cataloging, though, truly!" Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos they've graced. Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye
Price: 49.95 USD
Location: Fargo, North Dakota
End Time: 2024-12-03T19:49:45.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Uncirculated
Type: Banknotes
Year: 1979
Certification Number: 2179905-028
Country: Germany
Grade: 66
Grade Designation: EPQ/PPQ
Country/Region of Manufacture: Germany
Certification: PMG