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German currency from the period 1921-23 was issued by the Weimar Republic and has not been convertible to dollars for many decades.

It has Collector Value Only

The 100,000 German Mark issued in Feb 1 1923, unstamped, should be worth more than a stamped mark. Although the Reichsbanknote 100,000 Sunderttaulend Mark took a dive, there seems to be a strong revival in the interest to acquire these pieces of history. It seems that all of a sudden, people are going ga-ga to get them, and the original 100,000 marks from Feb 1, 1923 are more and more in demand.

History of Large German Notes (Notgeld)Germany's response to devaluation of currency and runaway inflation in the early 1920s was to print more and more cash, until every paper factory was churning out larger and larger denomination bills - exacerbating the problem to the point where the Reichsmark was virtually worthless. For example, in the period between June and October 1923 alone, the Reichsmark fell to less than 1/100,000 of its value at the start of the period! Many of the notes printed were for billions of marks.

Many hyperinflation notes simply ended up in drawers because they became worthless within days after being issued. As a result a lot of them are available in barely-used condition. www.sammler.com, a major German collectibles site, quotes retail prices for a circulated bill with that date as €2.50, about $4, and for an uncirculated one, €8, or about $13.

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11y ago

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