CURRENCY
Landkreis Düsseldorf 100 Millionen Mark
Key Facts & Value
Key Fact
Description
A scarce German hyperinflation banknote from the Landkreis Dusseldorf, dated 1923. This denomination of 100 Million Mark showcases intricate gothic-style lettering and ornate decorative elements typical of the period. The note features the series 'Reihe I' and a serial number prefix, indicating its official issuance during a time of extreme economic instability in the Weimar Republic.
History
Issued during the peak of German hyperinflation in 1923, this banknote represents the desperate measures taken by local authorities to facilitate commerce. The Landkreis Dusseldorf, a regional administrative district, issued these high-denomination notes as the value of the Papiermark plummeted. The German government struggled to manage the economic crisis, leading to a cascade of localized currency issuance.
Facts
The hyperinflation of 1923 in Germany was one of the most severe in history, with prices doubling every few days at its worst. Banknotes reached astronomical denominations like this 100 million mark note. The rapid depreciation of currency rendered savings worthless and caused immense social and economic hardship, profoundly impacting German society and politics.
Value Fact
This specific 100 Million Mark note from Landkreis Dusseldorf is a sought-after piece for collectors of German hyperinflation currency. Its condition and rarity play significant roles in its market value. High-grade examples in circulated or uncirculated condition can fetch between $20 to $50, depending on the specific markings and overall preservation.
Item Details
Official Details
Variation Details
jzier1172 Details
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