Description: History of the ArtifactWeimar Republic 2 Rentenpfennig Bronze Coin. Now available to you, 2 Rentenpfennig coins - belonging to the currency introduced by the Weimar Republic putting an end to the catastrophic post war hyperinflation of the early 1920’s.Upon war’s end, Germany was heavily indebted given the war’s cost, it was additionally sanctioned at the Treaty of Versailles with heavy reparations imposed by the victorious allies. These factors combined lead to the infamous hyperinflation in Germany which saw people carrying basket loads of devalued currency to purchase mere groceries. To stabilize hyperinflation and its crippling effect on the economy, then Minister of Agriculture Hans Luther, proposed a stabilization plan by creating a new currency tied to something of physical value - land and property. This move backed the currency with something of value instead of the mere fiat value of hyperinflated papermarks. In 1923, the rentenmark was issued with an exchange rate of 1 Rentenmark to 1 trillion hyperinflated Marks. With inflation now fixed, the lifespan of this currency was brief, lasting only until 1925, substituted with the Mark at an exchange rate of 1 to 1.These Rentenpfennigs, essential in fixing Germany’s infamous post war hyperinflation, an event extensively analyzed by historians and economists across the world, are now made available to you neatly protected inside our elegant glass top leather cases ready to be displayed in your collections!How do I know these are original German Weimar Coins?Ancient Artifacts guarantees the Authenticity of items sold through a three layer system of protection: Ancient Artifacts exclusively sources artifacts from trusted and reputable antique distributors, many of whom have been selling Artifacts for decades. Next, the Artifact is inspected by an expert team member, who is professionally trained in counterfeit detection After the artifact passes inspection, the Certificate of Authenticity is signed and the Artifact is packaged. Finally, Ancient Artifacts gives an additional layer of protection by promising a full refund with no questions asked, in the extremely unlikely event that a counterfeit slips through our vetting process.What will my artifact look like?Your coin will look very similar to the one shown in the photos. There will always be some variety, given our items are unique historical pieces. If for whatever reason you get anything that does not fit this description you are entitled to your money back! Your order will include:One authentic German Coin minted by the Weimar GovernmentElegant protective case for preservation and display of your artifact Certificate of Authenticity Check out the profile and send me a message if you have any questions at all. Our highest priority is customer satisfaction, please contact us immediately if you are unsatisfied with your purchase for any reason. We will always accept returns and pay for your return shipping. Our business is one driven by passion and interest for what we sell, and we will never sell an item we wouldn't purchase ourselves.
Price: 14.98 USD
Location: Richardson, Texas
End Time: 2024-02-23T02:46:41.000Z
Shipping Cost: 0 USD
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Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Return policy details:
Denomination: 2 Pfennig
Certification: Uncertified
