Germany Post WWII Pfennig and Mark [solved]

Looking at the entries of the allied occupation period (https://en.numista.com/catalogue/ruler.php?id=3582), there seems to be a difference in the use of currency names between coins and banknotes.  While the coins are still denominated ‘Reichspfennig’ (e.g. N#15747)  all the banknotes are denominated ‘Pfennig’ or ‘Mark’ without reference to ‘Reich’ (e.g. N#205023 N#321472 ) 

Would it make sense to have a dedicated currency matching the notes between 1944 and 1948 when the Deutsche Mark gets introduced?  

Alliierte Militärmark (1944–1948)

Idolenz

Alliierte Militärmark (1944–1948)

Allied Military Mark.

Aidan.

The problem is that the old Rentenmark and Reichsmark continued to circulate until 1948. In reality, this currency had three names, Mark (used on the early coins and Allied notes), Rentenmark (used on the notes of the Rentenbank) and Reichsmark (later coins and notes of the Reichsbank). We currently have a currency Rentenmark (1923-1924) that includes notes dated 1937. Within the structure of adatabase, there isn't a simple solution, I fear.

I beginning to understand why this section looks the way it does 😅

I don't see a conflict though. While they were circulating in parallel, they were their own currencies, so just need to be encoded as such. Or am I missing something? 

Rentenmark should be until 1948, 1937 was the last batch of notes made, in fact the same institution (Rentenbank) still exists. 

But I don't know how the sorting would look like for parallel currencies (probably many additional headers for certain sortings).

I am quite lost.

So you are saying that Rentenmark, Reichsmark and Allied Military Mark circulated all until 1948. Could it be said that there was only one currency? Mark? Just asking, not going to merge yet.

They use the same currency name and the same denominations but differed in how they were backed. The Rentenmark was based on land and industrial assets, the new Reichsmark on gold.

But I don't know if there were rules on who you could spend each and if you could mix them etc.

Jarcek

I am quite lost.

 

So you are saying that Rentenmark, Reichsmark and Allied Military Mark circulated all until 1948. Could it be said that there was only one currency? Mark? Just asking, not going to merge yet.

 

I would say different, already by name, by backing, and by period (some overlaps but not identical, certainly all different start dates) - otherwise you could throw the Deutsche Mark into the mix as well. Has Mark in its name and also 100 Pfennig = 1 Mark, just as the GDR Mark, too, actually.

So different overlaping currencies of similar name with different starting dates.

I would think yes. So to summarise: Reichsmark (1924-1948) is fine as is, Rentenmark should be (1923-1948) as, like Idolenz says, it kept circulating till then, and we need a new Allied Military Mark (1944-1948). The latter only has notes as the allied military command issued notes in Mark (and the French military command authorised some Pfennig notes issued by a few state - stil unclear what to do with those, see https://en.numista.com/forum/topic137852.html#p1105947), but coins were still denominated in Reichspfennig. Hope that's correct now 🤔

Edited (missed message above)

Ok, I will amend this.

Jarcek

I am quite lost.

 

So you are saying that Rentenmark, Reichsmark and Allied Military Mark circulated all until 1948. Could it be said that there was only one currency? Mark? Just asking, not going to merge yet.

 

We certainly could merge as all three circulated alongside one another freely. The differences were akin to those between the Silver Certificates, U.S. Notes and Federal Reserve notes. It's just that different names were used. One important indicator as to their equivalence was the use of the name Mark on the earliest coins at the same time as Rentenmark was being used on the earliest notes.

I amended the date and created Allied Military Mark.

Thanks! CRs made.

Jarcek

I amended the date and created Allied Military Mark.

OK, if we don't merge, where do these two coins go?

N#2545

N#15886

They're denominated in Mark but were produced more than two decades before the notes denominated in Mark. I don't claim merging is perfect but it would solve this problem.

Technically they should be Rentenmark if they were first made before August 1924 (which is very likely) but they are not listed in either coins of the Rentenmark nor Reichsmark on Wikipedia (I don't own a specialized catalog of German coinage to check quickly otherwise).

The basis for minting silver coins in the Weimar Republic was still the old Coinage Law of the Empire of June 1, 1909, until August 30, 1924. With the enactment of a new law on August 30, 1924, the Reichsmark was introduced as legal tender.
 

After hyper-inflation, currency conditions were stabilized in November 1923 with the introduction of the "Rentenmark". Initially, however, only small coins of 1 to 50 Rentenpfennig were issued.

It was not until March 1924 that the "Law on the Minting of New Imperial Silver Coins" was passed. Although the Rentenmark was still used, the coins bore the denomination "1 Mark" or "3 Mark".

Thanks Idolenz. I've always though of them as going with the Rentenpfennig coins. If we do move them there, some of those quotes would be helpful in the comments section.