New Guinean mark
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The Mark (German plural: Mark, English plural: marks) was the currency of the colony of German New Guinea between 1884 and 1915. It was equal to the German Mark, which was also legal tender in the colony.
Initially, only German currency circulated. This was supplemented in 1894 by coins issued specifically for New Guinea. These coins were demonetized on the 15th of April 1911 in exchange for German Mark, which, were the only legal tender from that date.
In 1914, during World War I, German New Guinea was quickly occupied by Australia. That year, the Australian authorities issued Treasury notes denominated in marks. In 1915, the Mark was replaced by the Australian pound.
[edit] Coins
In 1894, the Neu-Guinea Companie issued bronze 1, 2 and 10 Pfennig and silver ½, 1, 2 and 5 Mark coins, followed by gold 10 and 20 Mark in 1895.
[edit] Banknotes
Between 1914 and 1915, Treasury notes were issued for 5, 10, 20, 50 and 100 marks.
[edit] References
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed., Krause Publications. ISBN 0-87341-150-1.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues, Colin R. Bruce II and Neil Shafer (editors), 7th ed., Krause Publications. ISBN 0-87341-207-9.
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