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Soufian El Guesaoui

1923 A (Berlin Mint) German Weimar Republic 200 Mark Aluminum Coin PCGS MS65

Hightlights:
1. It encapsulates the 1923 hyperinflation crisis, serving as a tangible artifact of one of the most extreme economic events in modern history, making it a standout educational piece for collectors interested in 20th-century German or global financial turmoil.
2. Achieving MS65 in an aluminum coin is notably challenging due to the material's softness; this example's gem uncirculated condition with strong original luster sets it apart from the vast majority of surviving pieces, which often show wear.
3. The old white holder from PCGS's early era adds a layer of collectible nostalgia, appealing to enthusiasts who value grading history and often commanding a premium over modern holders for its classic aesthetic and scarcity in today's market.

Coin Story:
1923 marked the peak of hyperinflation in the German Weimar Republic, influenced by World War I defeat, Versailles Treaty reparations, the Ruhr occupation, and internal economic collapse. Currency depreciated rapidly: at the start of the year, 1 USD equaled about 7,000 Marks, ballooning to 4.2 trillion Marks by year-end. To cope with flooding paper money and metal shortages, the government issued large quantities of aluminum high-denomination auxiliary coins, including this 200 Mark piece, as temporary circulating currency. 

These aluminum coins circulated for only a few months before being replaced by the Rentenmark (stabilized Mark) introduced at the end of 1923, symbolizing the Weimar Republic's economic chaos and social turmoil—workers needed wheelbarrows to carry wages, and values changed multiple times a day. This coin reflects Germany's desperate fiscal measures during the transition from empire to republic.

In summary, this coin is a vivid microcosm of economic history, and the MS65 old white holder version is ideal for mid-level collectors as a complementary piece.

Graded by PCGS

Germany, Weimar Republic 200 Mark 1923(A) PCGS MS65  (沒有保留價)

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No reserve price

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Sunday

10 August

Saturday

Wednesday

11 August

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tomorrow

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Germany

Italy

France

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The Netherlands

Taiwan

Spain

Portugal

Poland

Denmark

Japan

Hong Kong

Austria

United Kingdom

Andorra

Czech Republic

Malta

Greece

Sweden

Switzerland

Hungary

Ireland

Luxembourg

Latvia

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Brand

Macallan

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Single malt whisky 

Pure malt 

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Merchandise figure

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Branded merchandise collection

Blended grain whisky

Canadian whisky

Rye whisky

Country of origin

Scotland

Speyside

Islay

Highlands

Campbeltown

Lowlands

England

Orkney

Isle of Arran

Unknown

Isle of Skye

Isle of Jura

Australia

Canada

Asia

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Bottle size

70cl

700ml

75cl

1 Litre

750ml

50cl

20cl

2 Litres

1.5 Litres

4.5 Litres

4.7cl

3 Litres

73cl

75.7cl

Material

Metal

Glass

Leather

Plastic

Wood

Gold plated

Ceramic

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Condition

Excellent condition: barely used with minimal signs of wear

As new - unused

Good condition - used with small signs of aging & blemishes

Good condition - used with small signs of ageing

Good

Period

1970s

2020s

1990s

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1980s

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2020+

1960s

1960-1970

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Subject

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Style

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Colour

Brown

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Green

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Alcohol Percent List

57.1%

43.8%

48.3%

50.5%

58.4%

45.8%

47.8%

53.7%

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Germany, Weimar Republic 200 Mark 1923(A) PCGS MS65 (沒有保留價)

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