Stadt 25, 50 Pfennig, 1 Mark ND (1921) GRADING: UNC-
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.