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10 Deutsche Mark 50th Anniversary of the Deutsche Mark

Issuer Bundesrepublik Deutschland
Year 1998
Type Non-circulating coin
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Reverse description The reverse presents a commemorative composition depicting six historical Deutsche Mark coins arranged in an arc across the central field, including representations of the 1 Mark (1950), 2 Mark, 5 Mark (1951), and portrait coins bearing effigies of notable figures from the currency's fifty-year history. The commemorative inscription 'FÜNFZIG JAHRE DEUTSCHE MARK' appears in two lines in the lower central field, flanked by two oak leaf sprigs. The circular legend '1948 · DEUTSCHE MARK · 1998 · DEUTSCHE MARK ·' runs along the full periphery, with 'DEUTSCHE MARK' repeated along the lower rim.
Reverse script Latin
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Additional information

The Deutsche Mark itself was introduced on June 20, 1948, replacing the Reichsmark at a punishing conversion rate designed to wipe out the monetary overhang left by the Nazi war economy. The reform was a precondition imposed by the Western Allies, and it worked — within weeks, shop shelves that had been empty under the old currency were suddenly stocked again.

The irony of this commemorative is its timing: struck in 1998, the same year Germany signed away the DM's future by locking exchange rates under the euro convergence criteria. The currency being celebrated had roughly three years left in circulation.

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