CURRENCY
Untitled Item
Key Facts & Value
Key Fact
Description
A German hyperinflation banknote from the city of Düsseldorf, issued in 1923. The denomination is 100 million Mark, a stark indicator of the economic turmoil of the era. The note features the city's name prominently and includes a serial number and the date of issue. The design is simple, with decorative borders, typical of emergency currency issued during periods of extreme inflation.
History
This banknote originates from the Weimar Republic era in Germany, a period marked by severe hyperinflation following World War I. The city of Düsseldorf, like many others, resorted to issuing its own currency (Notgeld) to address the scarcity of official money. This particular note, with its enormous denomination, exemplifies the catastrophic devaluation of the German Mark during 1923.
Facts
Banknotes like this one represent a fascinating chapter in monetary history, showcasing how local authorities stepped in during times of crisis. The sheer scale of the denomination reflects the loss of public trust in the national currency. Such notes are collected by numismatists interested in the social and economic history of Germany and the phenomenon of hyperinflation.
Value Fact
Collectibles from the German hyperinflation period are generally affordable, with prices varying based on condition, rarity, and specific issuing authority. This 100 million Mark note from Düsseldorf, while a high denomination, is common and typically valued between $5 and $20 for circulated examples, with uncirculated notes fetching slightly more.
Item Details
Official Details
Variation Details
jzier1172 Details
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