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In economy, inflation is the over-supply with means of payment by an increase of the circulating money without appropriate increase in production.
The real inflation in Germany began in 1923 - not least because of the hard-to-pay reparations stipulated in the Versailles Treaty. The Reichsdruckerei was no longer able to produce the required amount of paper money alone and to provide the population with enough banknotes. Numerous large printers were also commissioned with the production.
The temporary ban on issuing emergency money was suspended. Even not originally approved emergency money was tolerated. The amount of emergency money of all kinds grew considerably.
Today, many of these notes are being sought by many banknote collectors as historical collectibles. TheWorldBanknoteShop is proud to offer you some interesting pieces here.
Hyperinflation 1922 - 1923 There are 29 products.
Annen 1 million mark 18.08.1923
Sparkasse (Savings Bank) 1,000,000 Mark 07.08.1923 Grading: UNC
In StockBordesholm 5 million marks 18.08.1923
Kreisausschuß 5,000,000 Mark 18.08.1923 Grading: (XF) - XF
In StockBuer 10 billion marks 1923
Stadt (town) 10,000,000,000 Mark 16.10.1923 Grading: (UNC-) - UNC
In StockCleves (Cleve) 5 million marks 05.09.1923
Kreis 50,000,000 Mark 05.09.1923 Grading: UNC-
Out of stockDarmstadt 10,000,000 Mark 1923
Hessische Landesbank10,000,000 Mark01.09.1923GRADING:AU - UNC
Out of stockDarmstadt 50,000,000 Mark 1923
Hessische Landesbank10,000,000 Mark01.09.1923GRADING:AU - UNC
Out of stockDarmstadt 100,000,000 Mark 1923
Hessische Landesbank100,000,000 Mark01.10.1923GRADING:AU - UNC
Out of stockDarmstadt 500,000,000 Mark 1923
Hessische Landesbank500,000,000 Mark01.10.1923GRADING:AU - UNC
Out of stockDresden-New Town 100 million marks 1923
Bezirksverband der Amtshauptmannschaft100,000,000 Mark26.09.1923GRADING:VF+
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