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The value of a paper 1915 20 Zwanzig Mark banknote varies depending on its condition and rarity. Typically, these banknotes can range in value from $5 to $50 USD. For an accurate valuation, it's recommended to consult a currency collector or a professional appraiser.

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"Zwanzig Mark Alliierte Militarbehorde" is German for "20 Mark Allied Military Authorities." These notes were printed by the Allied Authority in Germany after the end of the Second World War, and the date on the note is likely 1944. These notes are not particularly rare, so it is likely worth less than $5US.


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The value of a 20 Mark note from 1915 can vary significantly based on its condition, rarity, and demand among collectors. As of my last update, such notes typically range from $20 to several hundred dollars, depending on these factors. It's best to consult a currency dealer or a recent auction to get a more accurate valuation for a specific note.


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