CURRENCY
Reichsbanknote Fünfhundert Mark
Key Facts & Value
Key Fact
Description
This is a Reichsbanknote for Fünfhundert Mark issued in 1922. The note states that it is payable by the Reichsbankhauptkasse in Berlin and was valid for exchange from April 1, 1923, onwards. The signatures of the Reichsbankdirektorium are present, along with the issuing city and date.
History
This banknote originates from the Weimar Republic era in Germany. The period was marked by significant economic instability and hyperinflation, leading to the issuance of high-denomination notes. The Reichsbank, as Germany's central bank, was responsible for monetary policy and the printing of currency during this turbulent time.
Facts
The note's validity starting in 1923 is significant, as this was the peak year of hyperinflation in Germany, rendering such large denominations almost worthless shortly after issuance. The serial number 'N.1129182' is clearly visible, and the presence of multiple signatures from the Reichsbankdirektorium adds to its authenticity and historical context.
Value Fact
Collectibles from the Weimar hyperinflation period, especially those in good condition, can attract interest from numismatists. The precise value would depend heavily on the note's condition, rarity of specific serial number blocks, and current market demand for German hyperinflation currency. Prices can range significantly from a few dollars to upwards of fifty dollars or more for well-preserved examples.
Item Details
Official Details
Variation Details
jzier1172 Details
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