New Guinean mark

Α 5 mark treasury note issued by Australian authorities

The Mark (German plural: Mark, English plural: marks) was the currency of the colony of German New Guinea between 1884 and 1911. It was equal to the German Mark, which was also legal tender in the colony.

Initially, only German currency circulated. This was supplemented in 1894 by coins issued specifically for New Guinea. These coins were demonetized on April 15, 1911 in exchange for the German Mark, the only legal tender after that date.

In 1914, during World War I, German New Guinea was quickly occupied by Australia. That year, the Australian authorities issued Treasury notes denominated in marks. In 1915, the Mark was replaced by the Australian pound.

Coins

In 1894, the Neu-Guinea Companie issued bronze 1, 2 and 10 Pfennig and silver ½, 1, 2 and 5 Mark coins, followed by gold 10 and 20 Mark pieces in 1895.

Banknotes

Between 1914 and 1915, Treasury Banknotes of New Guinea were issued for 5, 10, 20, 50 and 100 marks. All are extremely rare today.

References

• Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
• Pick, Albert (1994). Bruce, Colin R. II; Shafer, Neil (eds.). Standard Catalog of World Paper Money: General Issues (7th ed.). Krause Publications. ISBN 0-87341-207-9.