This listing is for the photographed 1923 100 Million Mark German Bank Note. Issued by Deustche Reichsbahn on September 25th, 1923. This issue does not have a black star next to the serial number, differentiating it from other issues. Beautiful design and colors, interesting piece of history from Germany immediately after the first World War. This is a rarer version of this issue of notes, making for an excellent addition to any collection! P#S1017a (Pick Number S1017a).
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 100 Million 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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1923 100 Million Mark German Paper Note- Deutsche Reichsbahn Note - WWI Inflation - 1923 One Hundred Million Mark Note - P#S1017a