TRICK OF THE EYE OR THE MINT?? REICH or RENTEN PFENNIGS?? STEAL 'EM ALL @ $2.49!

Description: Scale may vary from scans. Most sellers would sell these coins piecemeal at $5, $10 or $15 per coin but only Collect-a-thon offers you a ready-made collection of the ENTIRE run of EVERY 1, 2, 5 and 10 REICHSPFENNIG and EVERY 1,2,5 and 10 RENTENPFENNIG at only $2.49 per coin!!!! What's the difference?? Read on... TRICK OF THE EYE OR TRICK OF THE TREASURY? Due to numerous factors including WW1 reparation payments, rebuilding costs, shortage of precious metals, foreign loan interest and welfare for workers (primarily those fired or or on strike in the French-occupied Ruhr) Germany resorted to printing more and more paper money which created a vicious cycle of hyperinflation. By late 1923 the once almighty Reichsmark (comprised of 100 Reichspfennigs) had become worthless!! It took many millions of them just to buy a loaf of bread!! By early 1924, thanks to 4 financial geniuses*, the German Treasury had created the Rentenpfennig which was backed by mortgages on agricultural land and business real estate. It was worth a staggering 1,000,000,000,000 (1 Trillion) Reichspfennig!!! It looked exactly the same as, and was minted from the same metal(s) as, the Reichspfennig, the only difference being that the word "Renten" replaced the word "Reichs". * Hans Luther (Minister of Finance), Hialmar Schacht (Reichsbank President), Karl Helfferich (economist), and Rudolf Hilfering (Luther's predecessor) Miraculously, this did manage to stabilize the national currency and eventually (by 1926) the Reichspfennig traded on par with the Rentenpfennig, which allowed the Rentenpfennig to be discontinued. The Reichspfennig continued to be issued in its original design until 1936. However, almost all Rentenpfennig coins extant today are dated between 1923 and 1925 which makes them considerably scarcer. For the entire history please enter "German Rentenmark" in the Wikipedia search box. Here we are offering a well-preserved collection of 8 different beautiful scarce German coins consisting of one each of the following denominations struck in Bronze or Brass (aluminum-bronze): 1 REICHSPFENNIG in BRONZE dated 1923 or later. 2 REICHSPFENNIG in BRONZE dated 1923 or later 5 REICHSPFENNIG in BRASS dated 1923 or later. 10 REICHSPFENNIG in BRASS dated 1923 or later.and 1 RENTENPFENNIG in BRONZE dated between 1923 and 1925 only.1 RENTENPFENNIG in BRONZE dated between 1923 and 1925 only.1 RENTENPFENNIG in BRONZE dated between 1923 and 1925 only.1 RENTENPFENNIG in BRONZE dated between 1923 and 1925 only. No other seller is offering ALL 8 of these coins in such nice condition (VF to AU) at this price. Take advantage of this offer NOW while we still have every type in stock!! Several are very scarce and can't be replaced at our low price!!! If you buy multiple sets, each will include a variety of dates and mint marks!! The German mints were: A = Berlin, D = Munich, E = Muldenhutten, F = Stuttgart, G = Karlsruhe, J = Hamburg. Now that you know the history, can you live without the actual coins? We created this listing in the belief that you can't. Condition ranges from Very Fine to About Uncirculated. Coins may have light soiling or toning but can be restored to full luster with gentle cleaning

Price: 19.95 USD

Location: New York, New York

End Time: 2023-11-18T15:02:57.000Z

Shipping Cost: 3.49 USD