This listing is for the photographed 1917 German 5 Mark banknote. Issued on August 1st, 1917, during World War 1. Choice of Serial Number type, either 7- or 8-digit serial number. the 7-digit serial number types are a rarer find than the 8-digit type, as seen by the difference in price. Extremely ornamented and designed note, with a portrait of a young woman wearing a flower crown on the right end of the note. Excellent addition to any collection and great piece of history! P#56a or 56b (Pick Number 56a or 56b).
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.
This note is an example of the hyperinflation causing the banknotes to list higher values, such as this one, at 5000 Marks.
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 107 years old this year!
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1920 10 Mark German Paper Money - 1920 Reichsbanknote - XF+ Condition - WWI era German Paper Money, 10 Marks 1920 / German 10 Mark 1920