Goldmark

E386331

Goldmark was the official gold-backed currency of the German Empire from 1873 until the end of World War I.

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All labels observed (1)

Label Occurrences
Goldmark canonical 5

Statements (47)

Predicate Object
instanceOf gold-backed currency
historical currency
affectedBy World War I
war inflation in Germany
country German Empire
currencyCode DEM (historical, pre-ISO)
denominationName Mark
Pfennig
endTime 1918
historicalEra German Empire era
introducedAfter German unification of 1871
languageOfName German
legalBasis German Coinage Act of 1873
metalStandard gold standard
monetaryAuthority Government of the German Reich
surface form: Imperial German government
monetaryPolicyFramework classical gold standard
monetaryUnion German Empire
nameInGerman Goldmark self-link
officialCurrencyOf German Empire
peggedTo gold
periodOfUse early 20th century
late 19th century
reasonForReplacement suspension of gold standard during World War I
transition to paper-based Papiermark
region Central Europe
replaced Hamburg mark
surface form: Hamburg mark banco

South German gulden
Vereinsthaler
replacedBy Papiermark
startTime 1873
status obsolete currency
subunit Pfennig
subunitToUnit 100 Pfennig = 1 Mark
succeededBy Weimar Republic currencies
symbol ℳ (historical mark sign)
typeOf national currency
usedFor domestic trade in the German Empire
international settlements involving the German Empire
usedIn Alsace-Lorraine
Baden
Bavaria
Prussia
Saxony
Württemberg
other constituent states of the German Empire
usedUntilEvent end of World War I
valueDefinedBy fixed gold content

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Pfennig usedInCurrency Goldmark
Pfennig subdivisionOf Goldmark
Papiermark replaced Goldmark
Goldmark nameInGerman Goldmark self-link