Military Coinage - WWII,
circulated only in occupied territory. While the mintage figures are high these
are fairly scarce and even scarcer in decent condition.
When the Wehrmacht entered any foreign country, it issued decrees making this
money legal tender at a specified exchange rate with the indigenous currency at
a ratio, usually the pre-invasion rate, between reichmarks and the local money
thus it was tied to the Reichsmark. German troops received their pay in Reichs
Kredit Kassen scheine and since the currency was
legal tender only in the occupied areas, the soldiers had to spend their money
there or forfeit its value on returning to Germany. By using these
non-convertible occupation currencies the Germans effectively transferred the
total cost of the occupation to the defeated country!
However, in order to control military spending and inflation a series of legal
decrees in Berlin established the operation of a military central banking
institution called "Reichs Kredit Kassen". This organization issued both coins
and paper currency legal tender at first only in Poland, later expanded to other
occupied territories. Two zinc coins, a 5 and 10 pfennig, were issued to the
military forces as mentioned above. These coins, with the German eagle on one
side and swastika and REICHS KREDIT KASSEN on the other, were unique as no other
German issue is holed (except German East Africa).
This first appeared in Poland in 1939, backed partly by loans and partly by
occupation cost accounts. In 1940 it appeared in Denmark, Norway, Holland,
Belgium and France; in 1941 in the Balkans and in Russia; thus for a while it
was legal tender throughout German-occupied Europe.
Type munt | 10 pfennig | Omschrift voorzijde | R 10 DF | Muntconditie | zeer fraai |
Omschrift keerzijde | REICHS KREDIT KASSEN | Datum | 24 jul 2017 | ||
Muntplaats | A Berlijn | Voorzijde | Adelaar naar rechts | Verkoper | koevoets_numismatics |
Jaartal | 1940 | Keerzijde | swastika | Bedrag | US $33,33 (EUR 28,06) |
Vorst | Vindplaats | Veiling | ebay | ||
Metaal | zink | Schatvondst | |||
Oplage | 7,435,223 | Literatuur referentie | KM# 99 | ||
Gewicht | 3,312 grams |
|
|||
Diameter | 20,99 mm 20,99 mm | ||||
Soortelijke massa |
Germany: 10 Reichspfennig (militairy coinage) zinc 1940 A with swastika - VF
3,28 gram
21,01 21,01mm
Ebay, 14-nov-2020, US $38,02 (EUR 32,07),
koevoets_numismatics