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10 Mark 40 Years of the RGW
| Issuer | German Democratic Republic |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | 10 Mark (10 DDM) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | The state arms of the German Democratic Republic — comprising a hammer and compass within a wreath of rye — occupies the central field, with the circular legend DEUTSCHE DEMOKRATISCHE REPUBLIK running along the upper periphery. The denomination 10 MARK appears in the lower field, flanked by the date 1989 to the left and the Berlin mint mark 'A' below. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Edge | Smooth with inscription |
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| Additional information |
The RGW — Rat für gegenseitige Wirtschaftshilfe, known in the West as Comecon — was founded in Moscow in January 1949 at Stalin's behest, partly as a counter to the Marshall Plan. By the time East Germany issued this coin marking its fortieth anniversary, the organization was already functionally moribund. The Soviet bloc economies it was meant to integrate had spent decades trading in non-convertible currencies under bilateral barter arrangements that frustrated genuine coordination.
The timing is quietly ironic. This coin entered circulation in 1989. Comecon itself was dissolved in 1991.