This listing is for the photographed 1914 1 Mark German banknote. Issued in Berlin on August 12th, 1914. This note has a red seal and an ornamented underprint with the denomination, differentiating it from other issues. This was issued before Germany experienced hyperinflation as a result of World War 1, explaining why this is a low denomination compared to later notes. Great Condition, some discoloration with age. Interesting piece of history and a must have for any collection! P#51 (Pick Number 51).
The Papiermark was the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the Papiermarks was the currency issued during the hyperinflation in Germany of 1922 and 1923.
Banknotes were issued by the Imperial Treasury (known as "Reichskassenschein") and the Reichsbank, as well as by the banks of some of the states. Imperial Treasury notes were issued in denominations of 5, 10, 20 and 50 Mark, whilst Reichsbank notes were produced in denominations of 20, 50, 100 and 1000 Mark.
This note is 110 years old this year.
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1914 1 Mark German Note - Darlehnskassenschein -Great Condition - WWI era note - Red Seal, Designed Back - 1914 One Mark Germany Note - P#51