1923 Germany 1 Million Mark Note - Reichsbanknote - No Serial Number - Star Watermark - 1923 German One Million Marks Inflation Note- P#102a

This listing is for the photographed 1923 Germany Reichsbanknote 1 Million Mark Inflation Note. Issued in Berlin on August 9th, 1923. This note does not have a serial number, making this issue of notes a unique find! Series BM. Note was issued with a watermark of a star pattern with G's enclosed inside of the stars, differentiating it from other similar issues. Very Fine (VF) grade/condition, some folds and signs of circulation, as pictured.  Extremely interesting piece of German and WWI history, in great condition! Must have for any collection! P#102a (Pick Number 102a).

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 2 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 Germany 1 Million Mark Note - Reichsbanknote - No Serial Number - Star Watermark - 1923 German One Million Marks Inflation Note- P#102a