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Goldmark

A farewell in gold.

1 Deutsche Mark in gold from 2001, value side: a large numeral 1 between two oak branches, below it DEUTSCHE MARK 20011 Deutsche Mark in gold, eagle side: federal eagle with the legend DEUTSCHE BUNDESBANK, below it the mint mark J

In 2001, the Bundesbank issued the one‑mark piece with the two oak branches in gold.

1950 to 2001

Over fifty years in people’s pockets.

The one‑mark piece with the two oak branches came out in 1950, designed by Josef Bernhart of Munich. Everyone held it in their hand, at the baker’s, at the kiosk, in the piggy bank.

A special law allowed the Bundesbank, as a farewell, to issue the same design in gold, in its own name. That is why the eagle side reads DEUTSCHE BUNDESBANK instead of BUNDESREPUBLIK DEUTSCHLAND. It is the only official D‑Mark coin in gold: 12 grams, 999.9 fine.

1 Deutsche Mark in gold from 2001, value side: a large numeral 1 between two oak branches, below it DEUTSCHE MARK 2001
The value side: a large numeral 1 between two oak branches, as on the one‑mark piece of 1950.

Three days no one forgets.

  1. June 1948

    20

    Sunday

    The currency reform

    The Deutsche Mark arrives in the three Western zones. Each person receives a per-capita allowance of 40 D‑Marks, and later another 20.

  2. July 1990

    1

    Sunday

    The monetary union

    Even before reunification, the D‑Mark becomes the currency of the GDR. Wages and salaries are converted one to one.

  3. December 2001

    31

    Monday

    The last day

    The D‑Mark is legal tender for the last time. To this day, the Bundesbank exchanges it for euros free of charge and with no time limit.

Five letters, five cities.

The 2001 gold mark was struck at all five German mints, 200,000 pieces at each. The letter below the eagle shows which one it was.

1 Deutsche Mark in gold, eagle side: federal eagle with the legend DEUTSCHE BUNDESBANK, below it the mint mark J
Below the eagle is the J for Hamburg.
  • A Berlin
  • D Munich
  • F Stuttgart
  • G Karlsruhe
  • J Hamburg in the photo

The D‑Mark came in 1948. It went in 2001. In gold, it stayed.

Details based on the Act on the Minting of a 1-DM Gold Coin of 27 December 2000, the Deutsche Bundesbank’s press release of 15 June 2001, its pages on the currency reform, on DM circulation and commemorative coins, and on exchanging marks, its Monthly Report of March 2002, the act ending the legal tender status of the DM, the Federal Agency for Civic Education, the Imperial Act concerning the Minting of Imperial Gold Coins of 4 December 1871, the Decree on the Naming of the Imperial Gold Coins of 17 February 1875 and photographs of the pieces shown. Image: Caspar David Friedrich, The Lonely Tree, 1822, Alte Nationalgalerie, Berlin.

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