1922 Germany 50,000 Mark Banknote - Reichsbanknote - Very Fine (VF) - Post-WWI German Inflation - 1922 Fifty Thousand Mark Note - P#80
1922 Germany 50,000 Mark Banknote - Reichsbanknote - Very Fine (VF) - Post-WWI German Inflation - 1922 Fifty Thousand Mark Note - P#80
This listing is for the photographed 1922 German 50,000 Marks Reichsbanknote. Issued in Berlin on November 19th, 1922, in the years following World War I during a period of extreme inflation in Germany, which explains the notes high denomination. This note has a darker underprint beneath the serial number, differentiating it from other similar issues. Portrait of Burgermaster Brauweiler depicted on the obverse left end of the note. Green tint on the notes right end. Very Fine (VF) grade/condition, some signs of circulation and wear, including a piece having been torn off of the lower left corner, as pictured. Excellent note and a great addition to any collection! P#80 (Pick Number 80).
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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1922 Germany 50,000 Mark Banknote - Reichsbanknote - Very Fine (VF) - Post-WWI German Inflation - 1922 Fifty Thousand Mark Note - P#80
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