Sammler.com, a major German collectibles site quotes a 20-million mark note with that date at €1, or about $1.40, in circulated condition. Uncirculated, it's about twice that.
To explain the huge denomination:
The Weimar Republic was established in Germany following WWI. It was unable to control the economy due to a number of factors including ineptitude and heavy financial penalties imposed by the Allies. The result was about 3 years of hyperinflation during which the Weimar government printed ever-larger bills in a futile effort to keep up with exponential price increases. At the worst point in late 1923 the mark fell to approximately one 400- billionth of its 1920 value! Today most hyperinflation notes are just curiosities. So many were printed and became nearly worthless within a few days that most never circulated enough to become worn, and they're available for just a couple of dollars.
$1,000,000 series 1928 serial #: 800003415A
the han dynasty invented the paper money
The first country to issue paper money was China and it was invented by Jiaozi of the Northern Song Dynasty.
No suck thing as paper money. It's made of linen, silk, & cotton & it was made in 1862.
Well, money is actually not made out of paper, it is made out of 75% cotton and 25% linen fibers. Therefore, no, money does not come from trees. However, planting a tree, may get you money. Plant an apple tree, get apples to eat or sell. Use the seeds to plant more trees, therefore giving you more apples to sell.
$1,000,000 series 1928 serial #: 800003415A
printing paper money.
The source of income were: taxes, selling bonds and issuing paper money. The first two were insufficient so that the Secretary of Treasury, Christopher Memminger decided to issue paper money. At the end of 1863 more than $ 700 million in paper money were in circulation.
The German word for paper is Papier(pappierr) or, when referring to a newspaper, Zeitung.
The amount of money spent on environmental research by the paper industry varies based on the needs. On average, it is estimated that over one million dollars are spent monthly for this cause.
paper money paper money
10 paper clips is 7.5 inches, so 7.5X100,000= A million paper clips
If it is called "paper money", then presumably, it was made from paper.
This happened after WWI (think Great Depression), when inflation caused German currency to be practically worthless. It was worth so little that they burned it when they needed to start a fire. There are stories of people filling wheelbarrows with paper money to try to buy bread.
Paper money was invented not discovered. Probably by the Chinese.
I'm not sure there is any conversion factor, let alone market for Paper Mario money.
Yes, you can get a paper cut from paper money.