TheMark (German plural: Mark,English plural: marks) was the currency of thecolony ofGerman New Guinea between 1884 and 1911. It was equal to theGerman 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 15 April 1911, in exchange for the German Mark, the only legal tender after that date.
In 1914, duringWorld War I, German New Guinea wasquickly occupied byAustralia. That year, the Australian authorities issued Treasury notes denominated in marks. In 1915, the Mark was replaced by theAustralian pound.
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.
Between 1914 and 1915, TreasuryBanknotes of New Guinea were issued for 5, 10, 20, 50 and 100 marks. All are extremely rare today.
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