20000000 mark
Germany · 1923
A 20 million mark Reichsbank note dated Berlin, 25 July 1923, printed on one side only. The front carries the value in Gothic lettering with a large flourished initial, a large green 20 and a 'Millionen' underprint, along with the directors' signatures and two eagle seals. The text allows it to be called in from 1 September 1923. Notes like this were printed in vast quantities as the German mark collapsed.
What it boughtOn the date printed on it, 25 July 1923, an inland letter in Germany cost 300 marks to post, so this note would have paid for 66,667 letters. By December 1923 the same letter cost 100 billion marks.
- Ref
- 683
- Country
- Germany
- Issuer
- Germany
- Denomination
- 20000000 mark
- Catalogue number
- Pick 97
- Date
- 1923 (printed on the note)
- Estimated value
- £0.83 to £4.12 · price guide: Numista
- Grade
- VF (estimated from photos)
- Copies in the collection
- 1