Archive

Tag Archives: coins

The completion of the Palace of the Republic in April 1976 marked the end of the largest prestige project in GDR history. The building costs were officially 485 million East Marks, though internal figures presented to the Minister of Construction increased the sum to 800 million. Other sources have put the total price tag closer to 1 billion Marks. Regardless of this, the money spent was considerable for a country the size of the GDR and the project had significant impact on the country’s finances. Its prioritization also created significant resentment in the “provinces” as many resources (incl. materials and construction crews) were redirected to the capital to ensure this job was completed on time.

For the Party, however, there was a feeling of a job well done. To mark the opening of the Palace, the GDR Post issued a stamp featuring the image of the finished Palace and a construction worker. This stamp also incorporated mention of the 9th Party Congress of the SED which took place there in May 1976.

Stamp issued by GDR Postal Service to commemorate the opening of the Palace in April 1976 and the SED's IX Party Congress held there the next month.

Stamp issued by GDR Postal Service to commemorate the opening of the Palace in April 1976 and the SED’s IX Party Congress held there the next month.

Read More

%d bloggers like this: