A collection of occupation notes would make a new and different
avenue to pursue for the adventuresome collector.
A six-note lot of German occupation notes from World War I sold for
$94 on Dec. 30, 2014, in the Heritage Auctions Tuesday Internet
Currency Auction.
The lot featured one note from each denomination: 20 and 50 kopeks
and 3, 10, 25 and 100 rubles. The notes were graded Fine or better by
the auction firm.
When Germany occupied Lithuania and other parts of Eastern Europe in
1916 during World War I, it issued notes in denominations of kopeks
and rubles for use in Lithuania, Latvia, Belarus and East Poland.
When a military force occupies a nation, the occupiers often issue
special currency for use by the occupied area’s residents.
Occupation notes have been issued by various nations during battles
of all sizes. In another such instance, notes were produced for
Italy’s occupation of Albania in 1940.
Italian dictator Benito Mussolini had long had his eyes on Albania,
for its strategic military location. Several battles took place before
Albania’s parliament agreed to Italy’s demand to surrender.
An example of Italy’s occupation notes, in the 100-granga
denomination and graded Very Fine–Extremely Fine by the Heritage, sold
for $182.13 on Jan. 13, 2014, in Heritage’s World Currency Signature
Auction in Orlando, Fla.
Keep reading about paper money:
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