E-auction 623-613666 - GERMANY - WEIMAR REPUBLIC Médaille, Inflation 15 novembre 1923
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Type : Médaille, Inflation 15 novembre 1923
Date: 1923
Metal : copper
Diameter : 31,50 mm
Orientation dies : 12 h.
Weight : 10,24 g.
Edge : lisse
Puncheon : sans poinçon
Coments on the condition:
Patine hétérogène avec des traces d’usure, quelques coups et rayures. Présence de tâches d’oxydation
Obverse
Obverse legend : DES DEUTSCHEN VOLKES LEIDENSWEG.
Obverse description : Femme pleurant consolé par un homme et un enfant. Signé : MM ESTZ.
Reverse
Reverse legend : AM / 15 NOV. 1923 / KOSTETE / 1 PFUND BROT / 80 MILLIARDEN / 1 PFUND FLEISCH / 900 MILLIARDEN /1 GLASS BIER / 52 MILLIARD.
Reverse description : Légende en 9 lignes.
Reverse translation : Le 15 novembre 1923, 1 livre de pain coûtait 80 milliards, 1 livre de viande coûtait 90 milliards, 1 verre de bière 52 milliards.
Historical background
GERMANY - WEIMAR REPUBLIC
(1918-1933)
Germany had lost the great war. At the Treaty of Versailles (June 28, 1919), she had to sign the promise to pay reparations. To guarantee these reparations, the administration of the Saar was entrusted to France. In 1923 France further occupied the Rhineland ("Germany will pay!") but in 1931 French troops evacuated the area. Thanks to the Young plan and the Briand-Streseman friendship, France abandoned part of its claims to the payment of war reparations. Germany should have paid 226 billion gold marks in reparations, notably to France and Belgium. Germany was badly shaken by the crisis of 1929. The number of unemployed exploded from two million to more than six million, preparing the ground for Nazism and the rise to power of Adolf Hitler.
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