1920 Germany 50 Mark Banknote - Reichsbanknote - Stunning Green Design- WWI Era German Note - 1920 German Funfzig Fifty Mark Note - P#68
1920 Germany 50 Mark Banknote - Reichsbanknote - Stunning Green Design- WWI Era German Note - 1920 German Funfzig Fifty Mark Note - P#68
This listing is for the photographed 1920 Germany Reichsbanknote 50 Mark Note. Issued in Berlin 2 years after the end of World War I, on July 23rd, 1920. This note depicts a portrait of a woman holding fruit on the right end of the obverse. On the reverse side of the note there is a portrait of a farmer on the left and a miner on the right to show the prosperity of labor in Germany during this time. Fine (F) grade/condition, visible folds and signs of circulation due to age. This note is over 100 years old! Amazing design and cool find! Must have for any collection! P#68 (Pick Number 68).
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.
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1920 Germany 50 Mark Banknote - Reichsbanknote - Stunning Green Design- WWI Era German Note - 1920 German Funfzig Fifty Mark Note - P#68
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