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Coin - 5 Marks, German New Guinea (Papua New Guinea), 1894 Numismatics Reg. No: NU 14418

Silver 5 Marks coin issued by the German New Guinea Company. Struck at the Berlin mint, Germany. This coin was issued by the German New Guinea Company. This was a Chartered Company which had been formed in 1884 in Berlin to colonise and profit from north-eastern New Guinea. It had found it necessary to import workers from Java (who wanted payment in Dutch guilders), China and Japan (who wanted payment in Mexican dollars, a standard trad coin in Asia at that time). German, and to a lesser extent British coins was also in use in the area. To simplify this situation the Company sought permission to strike its own coins in 1891. Permission was not granted until 1894 with the stipulation that each denomination (excluding the bronze) was to match it's German Imperial equivalent. The coins were not however to bear the head of the German Emperor nor the German Eagle - they were the issue of the Company. The dies were prepared (engraved by Emil Weigand) and coins struck at the Berlin Mint. When they arrived in New Guinea all non German coins were withdrawn from circulation (the German 3 Mark and 20 Pfennig denominations were also excluded from circulation). No further production of coins was required as administration of the region was handed to the German Imperial Government in 1899, with German Imperial coins being imported. The Company coins ceased to be legal tender after 15 April 1911.
Acquisition Information:
Transfer from National Gallery of Victoria (NGV), 1976
Discipline: Numismatics
Dimensions: 38 mm (Diameter)
Weight: 27.682 g (Weight)

More information

Themes this item is part of: Numismatics & Philately Collection
Primary Classification: COINS
Secondary Classification: German New Guinea (Papua New Guinea)
Tertiary Classification: working strikes
Series: German New Guinea
DateEra: 1894 AD
Denomination: 5 Marks
Obverse Description: Within an open wreath, 5 / NEU-GUINEA / MARK / 1894; around above, NEU GUINEA COMPAGNIE; below, the mint mark A
Reverse Description: Bird of Paradise standing on branch with tail extended
Edge Description: Milled
Shape: round
Material: Silver
Issued By: German New Guinea Company, Papua New Guinea, 1894
Mint: Berlin (Mint), Germany, 1884
References: KM#7
  1. [Book], Mr Colin Bruce - Krause Publications, Standard Catalogue of World Coins 1801 - 1900, 2006, 335 Pages

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