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So many D-Mark pieces are still in the drawers at home

2021-08-02T13:56:59.850Z


At the beginning of 2002, the euro cash replaced the D-Mark. But D-Mark treasures are still discovered by chance again and again. Not only old coins are in demand.


At the beginning of 2002, the euro cash replaced the D-Mark.

But D-Mark treasures are still discovered by chance again and again.

Not only old coins are in demand.

Almost 20 years after the introduction of

euro cash, it still

seems

difficult to

say goodbye to the

D-Mark

.

As the German Press Agency (dpa) writes, in mid-July 2021 notes to the value of around 5.77 billion marks (2.95 billion euros) and coins to the value of around 6.61 billion marks had not yet been exchanged.

This emerges from a response from the federal government to a request from FDP member of the Bundestag Markus Herbrand, which the German Press Agency has received.

D-mark treasures almost 20 years after the introduction of euro cash

This year, D-Mark * with a total value of 16.2 million Marks was received in the branches of the Deutsche Bundesbank by the cut-off date July 22nd, dpa reported on August 1st.

The largest single sum was 711,355 marks

The

largest single

sum

therefore amounted to

711,355 marks

. Unlike in many other euro countries that can 

Deutschmark

-

banknotes

and

coins replaced indefinitely at the Bundesbank

will, as the news agency describes. But: "Too many citizens do not know that they can still exchange the large sums of old coins and bills that have fallen asleep under mattresses and in old piggy banks and drawers into euros," said FDP politician Herbrand, according to dpa.

According to the dpa report, the vast majority of the stocks were

exchanged

around the

introduction of euro cash at the beginning of 2002

.

Again and again, however,

 D-Mark treasures are discovered by chance.

Since collectors, among others

, would also have secured

old coins and bills

, some of the holdings would probably never be returned.

Also read

: Check your wallet quickly: These old DM coins are worth a fortune.

The 500 euro note also remains popular

According to dpa, the

500-euro note has

continued to

enjoy

great popularity since its

issuance stop in 2019

: As of July 22nd, notes worth a good 145 billion euros were in circulation, as the answer further shows, which is based on data from the Bundesbank .

On April 26, 2019, it was around 175 billion euros, as dpa reported - on this day, the Bundesbank and the Austrian National Bank had issued the purple note for the last time.

Previously, on January 26, 2019, the other 17 national central banks of the Eurosystem had already stopped issuing the 500 note.

Also read:

Do you have this rare 2 euro coin?

Then you can collect up to two million euros.

The Council of the European Central Bank (ECB) had decided that the production and issuance of the 500 euro banknote would be discontinued.

The 500 that are in circulation, however, remain legal tender, according to dpa, they can be exchanged at the national central banks in the euro area without any time limit.

(ahu) * Merkur.de is an offer from IPPEN.MEDIA.

Also interesting: found

20 euros on the street?

That's why you can't keep the money.

The money before the euro: do you still know these EU currencies?

The money before the euro: do you still know these EU currencies?

Source: merkur

All life articles on 2021-08-02

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