Conversion Office for German Foreign Debts $1,000 Bond

Description: $1,000 Uncanceled 3% Dollar Bond printed by Reichsdruckerei-Berlin. Coupons remain. This is a 3% bond from the Conversion Office for German Foreign Debts. To currency collectors, the notes issued by this agency are highly prized and command hundreds of dollars - when available. This office was the one that handled Confiscated Jewish property and settled Nazi Government debt as the Jews left Germany to immigrate or to be Murdered. In 1936, in need of hard cash, they issued these bonds in the USA to help finance their participation in Holocaust related activity. The bonds are embossed with the Nazi seal of this office. Dual English and German Text. Size 10 inch x 15.5 inch. Very rare. The London Agreement on German External Debts, also known as the London Debt Agreement (German: Londoner Schuldenabkommen), was a debt relief treaty between the Federal Republic of Germany and creditor nations. The Agreement was signed in London on February 27, 1953, and came into force on September 16, 1953. On May 24, 1951, the US and UK Departments of Foreign Affairs respectively, informed the Allied Countries involved in the settlement, about a new arrangement regarding Germany's External Debts. The content of the dispatch made the main points of discussion clear from the start. The dispatch contained the following texts. "4. The three Governments, in order to make an overall settlement of German debts possible, are prepared to modify the priority of their claims in respect of the post-war economic assistance which they furnished to Germany, on condition that the settlement plan is acceptable to them." "5. The arrangements contemplated relate to Germany's pre-war public and private indebtedness and to the German debt arising out of post-war economic assistance; they do not relate to claims arising out of the war which can only be dealt with in connexion with a peace treaty." In response to the Allies, Adenauer informed them about Germanys desire to repay its debts. The Conference on German External Debts (also known as the London Debt Conference) was held between February 28, 1952 and August 28, 1952. The Agreement reached at the Conference was signed in London on February 27, 1953. The Agreement was ratified by the United States, France and United Kingdom on September 16, 1953, at which point the agreement came into force. The Agreement was firstly turned down by the Bundesta Item ordered may not be exact piece shown. All original and authentic.

Price: 1915 USD

Location: Portsmouth, New Hampshire

End Time: 2025-01-14T19:23:21.000Z

Shipping Cost: 6.25 USD