50000000000 mark
Germany · 1923
A 50 milliard mark note from October 1923, at the height of German hyperinflation. Within weeks it was worth only a few pfennigs as the rentenmark replaced the paper mark.
What it boughtOn the date printed on it, 10 October 1923, an inland letter in Germany cost 5 million marks to post, so this note would have paid for 10,000 letters. By December 1923 the same letter cost 100 billion marks.
- Ref
- 1925
- Country
- Germany
- Issuer
- Germany
- Denomination
- 50000000000 mark
- Catalogue number
- Pick 119
- Date
- 1923 (printed on the note)
- Estimated value
- £3.97 to £7.80 · price guide: Numista sale results
- Grade
- AU (estimated from photos)
- Copies in the collection
- 1