WWII Five Banknotes used as scrip by the British Military Occupying Germany

Description

DESCRIPTION
:
Five banknotes used as scrip by the British Military Occupying Germany’s Rhine Valley after the Second World War.
Uncirculated Banknotes, No Bends, No Folds,
Crisp
Comes in a Display Album
with a
"
Certificate of Authenticity
"
War can bring economic hardship—especially to the countries that lose. This was the case in Germany
in 1944. Hitler was dead, the Nazi government collapsed, and the four Allied powers—Russia, France,
the United States, and Great Britain—split the country into four occupation zones, to help Germany
transition from dictatorship to democracy. In the British zone, the black market was rampant—goods
intended for the troops were intercepted and sold at steep mark-ups to the local population. This was
costing British taxpayers millions of pounds sterling.
To redress the problem, Great Britain issued £ 10 million British Armed Forces Special Vouchers in
1946. When this measure did not destroy the black market, a second series was issued a year and a
half later. The 1948 issue, combined with the improving financial position of the new German
government, succeeded in driving out the war profiteers.
The British government would use the tactic a few more times in the ensuing decades. A third issue,
printed in 1948, was not circulated until the Suez Canal crisis in 1956. The fourth series was printed
but never issued; a proposed fifth series never made it to the printer. The sixth and final series of
vouchers were in circulation until 1979, when they were finally withdrawn.
In 1991, the Ministry of Defense auctioned off its stock of uncirculated vouchers from the second,
third, fourth, and sixth series.
This collection comprises five of the extant banknotes of the kind used
in Germany from 1946-1979.
Great Britain M23, 2nd series
Obv: series, & denomination
Denomination: 5 pound
Dark blue on olive and brown
Size: 138 x 80 mm
Great Britain M22, 2nd series
Obv: series, & denomination
Denomination: 1 pound
Lilac on red and blue underprint
Size: 138 x 70 mm
Great Britain M49, 6th series
Obv: series, & denomination
Denomination: 50 pence
Green on pink underprint
Size: 140 x 70 mm
Great Britain M49, 6th series
Obv: series, & denomination
Denomination: 50 pence
Green on pink underprint
Size: 140 x 70 mm
Great Britain M48, 6th series
Obv: series, & denomination
Denomination: 10 pence
Violet, green and olive
Size: 128 x 64 mm
Great Britain M47, 6th series
Obv: series, & denomination
Denomination: 5 pence
Orange-brown, green
Size: 114 x 58 mm
This banknote set is packaged in a handsome leatherette folder, along with story and certificate
of authenticity. Album open measures: 11” x 7.5
”
; Album folded measures: 5.5” x 7.5”
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On Feb-15-17 at 12:01:28 PST, seller added the following information:
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in a Display Album with the Story of the coin and a
"Certificate of Authenticity"
All coin orders over .99 gets a
FREE Ancient Roman Coin
in a Display Album with the Story of the coin and a
"Certificate of Authenticity"