20000 mark
Germany · 1923
A February 1923 Reichsbank 20,000 mark, from the months when inflation became hyperinflation.
What it boughtOn the date printed on it, 20 February 1923, an inland letter in Germany cost 50 marks to post, so this note would have paid for 400 letters. By December 1923 the same letter cost 100 billion marks.
- Ref
- 639; 640; 641; 642; 643; 644; 2293; 2499; 2501; 2502; 2503; 2504; 2506; 2507; 2508
- Country
- Germany
- Issuer
- Germany
- Denomination
- 20000 mark
- Catalogue number
- Pick 85
- Date
- 1923 (printed on the note)
- Estimated value
- £0.60 to £2.10 · price guide: Numista
- Grade
- VG, F, VF, EF (estimated from photos)
- Copies in the collection
- 15