👉 Reichsmarks were a type of currency used in the German Empire, particularly during World War I. They were minted by the Reichsbank and had the following characteristics:
1.
Value
: The Reichsmark was worth one Reichsmark for 100 marks of gold. This meant that if you bought something with a Reichsmark, it would be worth more than if you paid with a gold coin.
2.
Minting
: All coins were minted
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What is the definition of Reichsmarks? 🙋
What is the definition of Reichsmark? 🙋
👉 Reichsmark, also known as "Iron Mark" or "Goldmark", is a type of currency used in Germany. It was introduced in 1834 and has been issued by the German Reichsbank since then. The Reichsmark is made up of 250 gold pieces (Gd) and can be traded for other currencies, including the Deutsche Mark (DM).
