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London Coins Ltd
Auction 169  6-7 Jun 2020
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Lot 176

Starting price: 500 GBP
Price realized: 3000 GBP
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Germany Empire Reichsschuldenverwaltung REICHSKASSENSCHEIN 50 Mark Pick 6 (Ros. 8) dated 10th January 1882 series F number 0225974, original VG and Exceptionally Rare and seldom offered highest denomination for the series note. Still retaining the strong dark brown colour and featuring a winged seated allegorical figure holding a sand hourglass in one hand and the Caduceus (Staff of Hermes) - symbol of commerce and negotiation, in the other hand, farming tools and agricultural products along bottom and shield illustrating the Reichsadler (Imperial Eagle) Coat of Arms. These issues now used amongst the various empire states and this the highest denomination for the series and a very high denomination for the time that could equal a regular worker's monthly wage. The small 5 Mark denominations of the same and the first series are also offered in this sale. The PMG Population Report currently shows no recorded examples and our research could find only 1 offered in recent times in the VF grade that realised 9400 Euro, so this presents a unique opportunity for any collector to acquire this very rare note with possibly very few survivors left

Estimate: 500-1500 GBP
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