20,000 Mark 1923 (20. II.) - 1


20,000 Mark 1923 (20. II.) - 1 20,000 Mark 1923 (20. II.) - 1 20,000 Mark 1923 (20. II.) - 1
Added by Alain Martineau
General Description February 1922 Loaf of Bread 250 marks.
Consumers began to realise that something was amiss and tried to withdraw their banknotes as gold, only to realise that they weren't allowed.
September 1923 Loaf of Bread 1,500,000 marks.
The value of the mark plummeted. When single mark notes became worthless, the Treasury minted 200 mark coins, then 1,000 cloth notes, then 20,000 mark bonds, and these became worthless too.
November 1923 Loaf of Bread 200,000,000,000 marks.
At the height of the crisis, one American dollar was worth roughly 4,200,000,000,000 marks.
Front Description 20000 in letter and writing
Berlin 1 July 1923
Back Description 20000 in letter and writing
Catalog code P#85b
Height 95.00 mm
Width 160.00 mm
Material Paper
Catalog prices VG $5.00   VF $10.00   UNC $15.00  

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Who wants it:
GEORGE

Who has it for trade:
Mihai Alex Claudiu Cozma