It advises against mailing them. The deutschmark launched in under Allied rule in post-war western Germany went on to replace former East Germany's "Ostmark" in , during the year of German reunification.
Its sidelining as a cash and non-cash currency 11 years later is still lamented by euroskeptics. The euro is now used in 19 countries, including Germany as founding member of the euro zone.
Roughly 24 billion individual DM-coins, as small as one pfennig, remain in circulation. That represents about half of all DM coins ever issued, said the Frankfurt-based Bundesbank on Friday. Those unrecovered included five and ten mark coins minted for commemorative occasions and often held by traders because of their potential to be smelted to extract their silver content. Also, some more rare coins could amass considerably greater values than their exchange rates as collector's items.
The notes had been particularly popular outside Germany: for example, in former Yugoslavia's successor states, five and ten-DM notes had been used in recent years as a "second currency. In all, the combined value of deutschmarks still in circulation as cash amounted to 6. After Germany's initial late rush to convert into euros, the figure has declined steadily. In late , Deutschmark cash remnants had a combined value of around 9.
As an example of youngsters' unfamiliarity with the currency, the Bundesbank told of a four-year-old, who found a DM banknote in his grandfather's album, and cut out the image of a castle depicted on its reverse side. Learn more about how we use cookies. See what has changed in our privacy policy. Search Options. Sort by Relevance Date. Time limits Some central banks have set a time limit for the exchange of national banknotes and coins.
A smattering of businesses still accept yesterday's money for special occasions. However, as the bulk of deutsche marks vanished in the euro zone's currency changeover exchange rate: 1. Jeremy Gray is an editor for Handelsblatt Global. To contact the author: [email protected].
Politics Companies Finance Opinion About us. Currency Exchange Return of the deutsche mark, Germany's hidden treasure Squirreled away in desk drawers, books and preserving jars across the country, billions of old deutsche marks await a pleasant rediscovery. The deutsche mark had great face value. Fabulous service. If I'd known that exchanging my 'mountains' of coins for cash was this easy, I'd have done it ages ago! Huge thanks. I can highly recommend the service provided by cash4coins.
Everything at each step of the way was very clearly explained. I was particularly thrilled I could not be happier with the service received from coins4cash. From my initial email, to receiving funds in my bank has been less than 10 days. I just wanted to say how delighted I was to receive your email with the cash valuation of the coins I sent.
Your service is excellent and I was impres I have used your service for several years. I am always very pleased with your service and I am sure they will be when they have received the report. I am extremely impressed with the service provided by Cash 4 Coins. Within a week of sending off my currency they had paid a most agreeable sum in to I have dealt with ' Cash 4 coins ' for several years and on every occasion have found their service to be of an excellent standard and have no hesita On two occasions I have used cash for coins and I have appreciated the home collection facility together with an itemised result of the coin's values We are delighted with the professional service you have provided.
It's a really simple system; pack up your currency and drop off at nearest myHermes I would like to thank you for your help with queries and information. Cash for coins is a very good company to use if anyone has any old foreign coins I didn't know what to do with my old coins. Neither the bank nor the post office would take them. So I was delighted to find that Cash 4 Coins would t I was very pleased with the cash 4 coins service. It was quick and easy and hassle free.
I particularly like the fact that you offer free collection f I have no criticism at all of the way in which Cash4Coins dealt with the currency I sent. Instructions on the website were very clear.
We simply dropp Your service is brilliant, I did not expect to receive that much back! Thank you so much for you service, will be definitely be using you again. Thank you for the currency you have processed for me. I was very pleased and surprised by the amount of money I got back for some very old coins that On behalf of The Martlets Hospice in Hove, Sussex, may I thank you for an excellent service with our shipment of coins to you.
Thanks Cash4Coins, a quick and efficient service yet again. Our charity receive a lot of unwanted foreign coins and notes, and this is always a simp I would like to say that the service I received from C4C was excellent. Everything was made so very simple at every stage of the exercise.
Many t Thank you for your efficient, friendly and helpful service. As a charity we received lots of foreign coins and notes, and to have them collected for Thank you for all your assistance and professionalism in dealing with this. We are very happy with the GBP value we will be receiving from you and wo Thank you. A simple way for parents to contribute to school and every little really does help. Local collection point was a real bonus and made the I was very pleased with the detailed bre I have been really pleased with the end to end service offered by Cash4Coins.
From the first point I contacted them when we were doing our company col It was quick and easy and hassle free and allowed our charity to dispose of our unwanted change. Very pleased with the service from Cash4Coins. I wasn't sure what to do with some old coins and notes as they were low value. Cash4Coins were able to Very pleased with the service and professionalism. Thank you for the information giving detail of content, values and the issues with realising return Thank you very much for payment received for my currency.
I was pleased to find your website and to be able to sell my old unwanted coins and notes so Thank you so much for dealing with my coins so quickly, the whole process was very easy and also communication was great throughout, the amount I was Cash4coins converted 6kg of coins into usable funds for our charity quickly, efficiently and at no cost to us.
I shall definitely use them again. Very speedy service, free shipping, with free collection if the package is over 10 kg, definitely is a nice bonus. The team went to great lengths to e Thank you for your very efficient service with very clear instructions and free collection service. I was delighted to discover a company offering such a fast and convenient service, and they did not disappoint.
I would recommend Cash4Coins without h I was very pleased with the cash 4 coins service and the price offered for my coins. I also like the fact that Thank you for transforming our box of unwanted foreign coins and notes we have collected from businesses and supporters over the past few months.
I have been very pleased with your service. Everything was made very easy for our school to raise some much needed funds. I particularly liked the way This is an excellent service and I received more cash than I expected in return for the coins I sent.
Payment into my bank account was swift. The emai Cash4coins has been amazing. At first I wasn't to sure about them but the fact that there is a land line phone number re-insured me. This company is r I have been very happy with service provided by Cash4Coins. This was a first time when i exchange foreign Euro coins and have been very impressed how I had a very positive experience with Cash4Coins.
As a company we generate a lot of different foreign currencies, so the service is very easy and effi C4C is a most efficient and courteous company to deal with. So many companies in UK could learn a lot from the way they conduct their business. So im Cash4Coins were efficient and friendly and did everything in the timescale that they said they would.
In addition we were able to turn the foreign cur Following our previous coin collection provider no longer being available Cash4Coins was selected and we have used them for one collection to date.
I would definitely use you again and w Many thanks! I cannot recommend Cash 4 Coins, it is a totally stress free fund raiser for our Infant School and nobody minds donating coins to as the I would like to confirm that Cash for Coins is an honest and straightforward organisation which communicates very clearly every step of the way right This was the first time I have used C4C but I wouldn't hesitate to use them again and will recommend them to friends.
The service was easy to use, qui I have been delighted with the service I have received from you which all ran very smoothly from the time I delivered the package to receiving the mon We have only started to use Cash4Coins but already the service has been fantastic, speedy and efficient. Thank you very much for providing such an excellent service.
I was surprised to find that the coins could be dropped locally for courier delivery to y I have rarely worked with a more efficient organisation which actually does what it says on the tin, if not more. Many thanks, the whole experience couldn't have been an easier service, great communication and a no hassle way to shift any size of stockpile of unwa Many thanks for your prompt, efficient and reliable service.
I had been storing a bag of brown Euro coins at home for years not knowing what to do wit Once again I have been impressed with the overall service provided by Cash 4 Coins. You always keep the customer informed as to the expected length of I highly recommend cash4coins services! I had a whole bunch of coins that I had collected over the years from my travels and they were just sitting in I thought the service Cash4coins give is first class. It is very easy and everyone from the people who answered the phone to the driver that picked up Thank you very much, this was a great service, funds were paid on time and the staff are extremely helpful, I would certainly recommend this service.
Thank you very much for an easy transaction. I had a lot of old and foreign coins that I had no idea what to do with and was pleased when I came acros They have very efficient, courteous and prompt in all dealin Cash4Coins were simply, easy and efficient to use, giving you clear instructions, options and support. Highly recommend them as the best way to chang Cash 4 coins is the best, they helped me get cash for my old large British coinage.
I highly recommend them to any one, as you will be satisfied. This was the first time I had used Cash4Coins and they really made the process quick and easy. From me supplying the foreign currency, I had a cheque May I compliment you on your excellent service, we as an organisation would have no hesitation in using your services again. Cash4Coins is very easy to deal with. Efficient and easy, it was a pleasure working with them.
This is the second time I have used Cash4Coins and I'm Thank you very much indeed for your prompt service which is much appreciated. I will certainly recommend Cash4Coins to my friends and would have no h I have just checked my account 45 minutes after your email and the cash is already there.
I am struggling to think of any other company I have dealt I would just like to say how delighted I have been by the service provided by your company. In particular Andrew went the extra mile to collect my box We are delighted at the service and friendliness of all at Cash4coins.
The service has been efficient prompt and helpful - thank you for helping the Easy website, you get prompt reply with labels , form , packing info and details of where to drop package off. This was tracked so i could see it had Thank you Cash for Coins.
Your service has once again been easy to use, clear in the way it operates with the customers and is of tremendous use for C As a local charity, we are always on the lookout for innovative ways to generate income.
Cash4Coins gave us an easy way to make the most of all those Cash4coins I would like to highly recommend to others! Very clear online as to how they work! I was very impressed with your friendly and efficient service.
Thank you so much for the payment. I would certainly recommend your service to anyone interested. The convenience of dropping off my currency at a loc
0コメント