-40%

1923 Germany 20.000.000 / 20 Million Mark Banknote Weimar Republic

$ 2.61

Availability: 10 in stock
  • Restocking Fee: No
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Circulated/Uncirculated: Circulated
  • Country/Region of Manufacture: Germany
  • Refund will be given as: Money Back
  • Type: Banknotes

    Description

    1923 Germany 20.000.000 / 20 Million Mark Banknote Weimar Republic
    PLEASE CHECK MY STORE FOR MORE VARIETY 1000'S OF DIFFERENT BANKNOTES AVAILABLE
    Germany borrowed heavily to wage the war during WWI. After the war, it faced huge loan and reparation payments which far exceeded Germany's gross domestic product or GDP. When Germany could no longer made reparation payments in 1923, French and Belgium troops moved in to occupy the Ruhr, Germany's main industrial area. Without major source of income, the government took to printing money which resulted in hyperinflation. The highest denomination before 1923 was 50,000 Mark. By early 1924, it reached 100 Billion (American 100 Trillion) Mark. In the late-1923 currency reform, 1 Rentenmark was exchanged for 1,000 Milliard Mark (American 1 Trillion Mark).
    Printing presses were constrained by costs as well. They did two things to cope - overprint existing currency or print bills on one side only. The latter often with poor graphics. Especially as denominations rapidly reached milliard (1000million = billion in USA terms) and billion (trillion in USA terms) levels.
    YOU ONLY PAY SHIPPING ONCE FOR INTERNATIONAL ORDERS PLEASE ASK ME ABOUT COMBINE SHIPPING
    Payment
    Shipping
    Returns
    PayPal is the preferred payment method.
    We ship First Class Free US and 1.99$ World Wide Shipping Unlimited number of items For international orders contact me for combine invoice before paying
    We hope you will love your purchase, however if you need to return it, we have a 30 day return policy. Let us know print add an invoice and ship it in the regular envelope the way it came
    Powerful eBay listing templates by 3Dsellers