CURRENCY
Stadt Düsseldorf 100 Millionen Mark (1923)
Key Facts & Value
Key Fact
Description
This is a German 100 Million Mark banknote issued by the city of Düsseldorf in 1923. The note features the text '100 MILLIONEN MARK' prominently, along with 'Stadt Düsseldorf'. It is part of 'Reihe II' and bears the serial number 075380. The note's design is characterized by its yellow and black color scheme and decorative borders. The text below indicates the city's promise to pay the bearer one hundred million marks.
History
This banknote originates from the hyperinflation period in the Weimar Republic, specifically 1923. During this time, the German Mark experienced a dramatic loss of value, leading to the issuance of increasingly large denominations by both the government and local authorities. Cities like Düsseldorf resorted to printing their own currency, known as 'Notgeld' (emergency money), to facilitate daily transactions when the official currency became almost worthless.
Facts
The issuance of such high-denomination notes reflects the extreme economic instability and the breakdown of trust in the national currency. These notes are significant historical artifacts, illustrating a turbulent period of German history. They are sought after by collectors interested in hyperinflation currency and local history, offering a tangible connection to the economic challenges faced by ordinary people.
Value Fact
Collectibles like this 1923 Düsseldorf 100 Million Mark note can vary significantly in price depending on condition and rarity. Notes in better condition with clear serial numbers and minimal wear tend to command higher prices. They are part of a broader category of hyperinflation currency that remains popular among numismatists and economic history enthusiasts, with prices often ranging from a few dollars to upwards of fifty dollars for uncirculated examples.
Item Details
Official Details
Variation Details
jzier1172 Details
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