East German mark was created in 1948.
East German mark ended in 1990.
The currency of East Germany was known as the Mark. it had no exchange value as it was illegal to take it out of the country. When German reunification came about, the West German government exchanged it 2 for 1.
Unfortunately, your German mark is only worth $1-$2 depending on its condition. This mark is very common and does not have a high value.
what is the value of the German mark coin with horse on back dated 1923
The 1 pfennig coin made in 1980 is a currency of the former German Democratic Republic (East Germany). It was part of the East German currency system, known as the Mark der DDR. The pfennig was a subunit of the Mark, with 100 pfennig equaling one Mark. After German reunification in 1990, the pfennig was phased out and replaced by the Deutsche Mark.
The 1923 Reichsbank 20,000 Mark note in uncirculated condition is worth $2.
As of 2021, the German Mark (DEM) is no longer in circulation since Germany adopted the Euro (EUR) as its currency in 2002. Therefore, the value of 100 German Mark would be purely historical and would depend on the exchange rate at the time of conversion to another currency like the Euro.
The Euro is the German currency (symbol '€').Before 2002 the currency was the Deutsche Mark (DM) or German mark.Before 1990 there were two currencies, the Deutsche Mark in the Federal Republic of Germany (West Germany) and the "Ostmark" (officially "Mark der DDR") in the German Democratic Republic (East Germany).
The value of a 1914D German 1 Mark coin can vary significantly based on its condition, rarity, and current market demand. Generally, it can range from a few dollars to over $20 for coins in better condition. For accurate valuation, it's best to consult a numismatic expert or check recent auction results.
As of today, the German mark is no longer in use as Germany adopted the euro in 2002. At the time of conversion, 1 euro was equivalent to 1.95583 German marks. Therefore, 500,000 German marks would have been worth approximately 255,000 euros.
100-650 usd or so