German Empire, Weimar Republic, 3 Reichsmark 1931

In September 1930, the rightist extremist NSDAP ("Nationalsozialistische Deutsche Arbeiterpartei," "National Socialist German Labor Party") increased the number of its seats in the German Reichstag from 12 to 107. As a result many foreigners began to remove their money from German banks. The volume of money in Germany shrank; the bank deposits sank about seventeen percent in 1931 and about seven percent in 1932. To keep the national income stable nevertheless, the German government began to mint additional coins: The production of a silver coin cost only a third of its face value, hence with the issue of every 3-mark-coin, the government bagged a profit of two marks.

Year of issue

1931 n. Chr.

Country