1923 KAISERSLAUTERN Weimar GERMANY Choice Crisp "500 MILLION MARKS" Notgeld NOTE

Description: FOR the complete story, FULL DETAILS and BIG CLEAR PICTURES, Please SEE THE DESCRIPTION 1923 KAISERSLAUTERN Weimar GERMANY Choice Crisp "500 MILLION MARKS" Notgeld NOTE Description This is a nice, oh so near crisp uncirculated, “Good For” 500,000,000, that’s Five Hundred Million, Marks “Notgeld” note from the “Stadt” or City of Kaiserslautern in the Rhineland-Palatinate area of “Weimar” Germany. It is dated October 10, 1923 during the inflationary period in Germany after World War I. Kaiserslautern is located in southwest Germany. It dates to the 9th century but was 85 percent destroyed during World War II. Today it is home to around 100,000 folks. Germany, who had borrowed to finance World War I, had a staggering national debt of 156 billion marks by 1918. The government printed money without sufficient economic backing, exacerbating the problem. Face: No. 79990 • October 10, 1923. • Dark green and brown on tan paper. After World War I, the value of the German currency continued to fall. The “Treaty of Versailles” required substantial reparations payments to the Allied powers. German currency remained relatively stable at about 90 marks per dollar in the first half of 1921. But, by late 1922, with French and Belgian troops occupying the Ruhr valley due to Germany’s failure to pay reparations, hyperinflation escalated dramatically. In June 1922, the cost-of-living index was 41. By December, it had soared to 685, nearly 17 times higher. As can be seen here, it got worse. Back: 500 MILLIONEN MARK. • German Eagle. The Note: A nice crisp uncirculated note I thought. It took me a while to see it but it has been folded in half. It also has some light wrinkles but is still fully crisp and bright. The note will be sent in a new currency holder that protects it. As grading is subjective, please see the pictures and judge for yourself. Remember, FREE SHIPPING! Payment I ship the day after cleared payment. Payment in US funds only please. Returns: Accepted, in original condition, in most cases and encouraged if the item has been misdescribed. If you need more than one week from the close of the sale to make payment, that is not generally a problem, PLEASE, JUST LET ME KNOW when you expect to pay. If No payment and No contact is made, eBay will CANCEL THE SALE on the eighth day. Shipping Shipping to all locations WORLDWIDE will be FREE! All items will be insured, at no extra cost. International shipments will also be insured at no extra cost to most countries. I SHIP THE DAY AFTER PAYMENT! About Us We are long time collectors who enjoys listing things on eBay. We try to give you the best pictures we can and as much information about the item as we can, so you know what you are buying. I try to start auctions for as low a starting price as I can, and still break even. There are eBay, PayPal and Postage fees to cover. Minimum bid normally represents at least a decent value. I believe you have completed your part of the agreement when you pay me, so I LEAVE YOUR FEEDBACK WHEN I SHIP THE ITEM. I appreciate return feedback if you feel I have earned it. Contact Us I will try to respond to email questions within one day. Please ask any questions about the item, or other special requests BEFORE you bid. Pictures sell! Auctiva offers Free Image Hosting and Editing.300+ Listing Templates! Auctiva gets you noticed! The complete eBay Selling Solution.

Price: 12.95 USD

Location: Tucson, Arizona

End Time: 2024-11-29T06:53:34.000Z

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