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Germany Weimar Republic Coal Industry and Agriculture stamps 1923 MLH

Description: Good stamps. The Weimar Republic is the name given by historians to the parliamentary republic established in 1919 in Germany to replace the imperial form of government. It was named after Weimar, the city where the constitutional assembly took place. Its official name was Deutsches Reich (sometimes translated as German Empire, but Reich can also mean realm or federal level of government), however, and it was usually known in English simply as Germany. Following World War I, the republic emerged from the German Revolution in November 1918. In 1919, a national assembly convened in Weimar, where a new constitution for the German Reich was written, then adopted on 11 August of that same year. Germany's period of liberal democracy lapsed in the early 1930s, leading to the ascent of the NSDAP and Adolf Hitler in 1933. Although the constitution of 1919 was never officially repealed, the legal measures taken by the Nazi government in February and March 1933, commonly known as Gleichschaltung ("coordination") meant that the government could legislate contrary to the constitution. The constitution became irrelevant; thus, 1933 is usually seen as the end of the Weimar Republic and the beginning of Hitler's Third Reich. In its 14 years, the Weimar Republic was faced with numerous problems, including hyperinflation, political extremists on the left and the right and their paramilitaries, and hostility from the victors of World War I. However, it overcame many of the oppressive requirements of the Treaty of Versailles, reformed the currency, and unified tax politics and the railway system. Germany went through its worst inflation in 1923. In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar. In 1923, the rate of inflation hit 3.25 ร— 106 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000 old Marks were exchanged for 1 Rentenmark so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914.

Price: 7.99 USD

Location: San Diego, California

End Time: 2024-02-26T21:30:29.000Z

Shipping Cost: 0 USD

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Germany Weimar Republic Coal Industry and Agriculture stamps 1923 MLH

Item Specifics

All returns accepted: Returns Accepted

Refund will be given as: Money Back

Item must be returned within: 14 Days

Return shipping will be paid by: Buyer

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Restocking Fee: No

Region: Germany

Condition: Unused

Topic: Business, Industry, Careers

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