The 1923 Reichsbank 20,000 Mark note in uncirculated condition is worth $2.
Unfortunately, your German mark is only worth $1-$2 depending on its condition. This mark is very common and does not have a high value.
what is the value of the German mark coin with horse on back dated 1923
For a complete guide on the current value of the East German mark visit coinquest.com/cgi-bin/cq/coins?main_action=germany
As of 2021, the German Mark (DEM) is no longer in circulation since Germany adopted the Euro (EUR) as its currency in 2002. Therefore, the value of 100 German Mark would be purely historical and would depend on the exchange rate at the time of conversion to another currency like the Euro.
10000--20000
20000 reich banknote july 1923
16500-20000
Year Amount Disc Rate Present Value 1 20000 1.0700 18692 2 20000 1.1449 17469 3 20000 1.2250 16326 4 20000 1.3108 15258 5 20000 1.4026 14260 6 20000 1.5007 13327 7 20000 1.6058 12455 8 20000 1.7182 11640 9 20000 1.8385 10879 10 20000 1.9672 10167 Total PV 140472
100-650 usd or so
As of today, the German mark is no longer in use as Germany adopted the euro in 2002. At the time of conversion, 1 euro was equivalent to 1.95583 German marks. Therefore, 500,000 German marks would have been worth approximately 255,000 euros.
$20000 for one gram
The Answer Is: 20000