Originally Posted by nosurrender
No, you don't!
The German Mark was introduced in 1948 after WWII. What you seem to have in your pockets might be some "Reichsmarks" which existed in the earlier days, but no German Marks.
German Marks can still be traded into Euros at the European Central Bank in Frankfurt while Reichsmark can't.
We are both right and both wrong. It is 500 Mark from the Deutches Reich. So it is a German Mark (as seen in the picture). Sorry if they are not too clear, I just scanned them moments ago.
You are correct in that the latest version says Deutches Mark on the back and nothing more.
During WW2, the money printed said Reichsmark on it, and Reichspfennig, but prior to then it did not.
I do think you are right, though, in that they would not give me Euros for the older Marks.
Sorry for the OT, back to the topic at hand.