Estonia 1 Mark 1926

History

Obverse. Photo © Coins.ee

Description

Although the Republic of Estonia had already been proclaimed on February 24, 1918 under the conditions of German occupation any kind of public activity to establish independent statehood was inconceivable. The opportunity to do that came only after the surrender of Germany to the victorious states of World War I on November 1st 1918. On the same day the Estonian Provisional Government reassembled, and besides other vital questions, a lot of attention was paid to developing its own financial system.

The mark was the currency of Estonia between 1918 and 1927. It was initially equivalent to the German ostmark, which had been circulating alongside the Russian ruble since the German occupation.

Obverse	Animal (fish, bird, mammal etc.) Lion Coat of arms Estonia Three lions on shield within wreath. After the proclamation of independence on the 24th of February 1918, the three lions of the coat of arms of the Government of Estonia were placed on the newly minted coins of the Republic. The lions are passant guardant again like in the coat of arms of Duke Otto (the second son of Christoffer II, Prince of Denmark, Duke of Estonia and Laaland), but not crowned. One of the lions symbolizes the courage of the fight for freedom in ancient times. The second stands for the courage in the uprisings in Harjumaa in 1343. The third represents the courage of the Estonian fight for freedom between 1918-1920. The wreath of oak leaves stands for the perseverance and strength of Estonia and the evergreen traditions of freedom. Design: Georg Vestenberg
Reverse	Country name (Estonian Republic) encircling denomination, date below. EESTI VABARIIK 1 MARK 1926
Edge	Reeded (milled)