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Auction: 23006 - The Official COINEX Auction at Spink
Lot: 638

The Wilhelm Hüffer (1821-1895) Collection | German States, Danzig, 5 Gulden, 1932, FREIE STADT DANZIG - 5 GULDEN in gothic script, view of Marienkirche, rev. 1932 above city arms, incuse downwards lettered edge, 15.04g, 12h (Jaeger D17; Parchimowicz 67; KM 157), light rub to supporters and faint contact marks in fields, otherwise lustrous, extremely fine / good very fine, rare

Provenance

The Wilhelm Hüffer (1821-1895) Collection of European Coins and Medals

with his envelope, and evidently added by his descendant to the 'family' collection



The Treaty of Versailles in 1919 imposed that Germany must cede the city of Danzig (now Gdansk) to Poland. Germany strongly fought against this and in the end, it was decided that Danzig would become a Free City State, under the Protectorate of the League of Nations.



There were two issues of the coinage for Danzig, the first in 1923 and the second in 1932. It was decided that a new independent currency, the gulden, would replace the German mark which had suffered great inflation since the end of the First World War. The Bank of England supported Danzig in this endeavour and helped the city to develop a stable value of one gulden to 1/25 Pound Sterling.


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Sold for
£850

Starting price
£500