One-mark silver coin
1915 ・ silver ・ 20th century ・ German Empire
obverse
reverse
The face value '1 MARK' inside oak leaves, and the crowned eagle of the empire. It is the silver that carried the daily reckoning of the gold-standard mark born in 1871. But the date on this piece is 1915. Convertibility into gold had already been suspended when war broke out the year before; the costs of war ran into public debt and note issue, and behind price controls a suppressed inflation was quietly building. The silver coin in the hand keeps the same face, but under it the ground of the currency has begun to tilt — a piece marking the eve of the mark's death.