10 MILLION MARKS
1923
Banknote from the Municipality of Bad Godesberg
High denomination German notes are from the great inflation of 1922-23 shortly after the end of World War I. Money depreciated so quickly that the mark became completely worthless. (a 1 Million mark note was about enough for a nice lunch. A few months later this note wouldn’t buy you a postage stamp). By November 1923, 1 pound of bread cost 3 billion (Millarden in German) marks and a glass of beer cost 4 billion marks. The last notes of this period were one trillion mark notes that were roughly equivalent to one United States Dollar.The Banknote is in very nice condition. Nice picture on back.
Issuer | Municipality of Bad Godesberg (Prussian province of Rhine) |
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Period | Weimar Republic (1918-1933)
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Type | Local banknote |
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Year | 1923 |
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Value | 5 MILLION Mark (5,000,000) |
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Currency | Mark (notgeld, 1914-1924) |
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Composition | Paper |
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Size | 156 × 89 mm |
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Shape | Rectangular
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