- Total No. of Products Added in Last 24 Hours: 427 Items.
- Back
Stamps
Collectables
Coins
Indian Coins
- Ancient Coins
- Mughal & Sultanate
- Princely State Indian Coins
- British India - King William
- British India - Queen Victoria
- British India - King Edward
- British India - King George V
- British India - King George VI
- Colonial & Presidency
- Commemorative Coins (Post 1947)
- Standard Issue Coins
- Errors & Oddities Indian Coins
- UNC & Proof Sets
- Others Indian Coins
World Coins
Bank Note
Accessories
Books
Below Rs.50
- Auction
Resources
prev
next
prev
next
1923 Weimar Republic Germany 100,000 mark "Portrait of Georg Gisze and denomination" {H.06464566} ~~ Extra Fine ++++ Condition **P-83**
Seller: philaindiaking
₹1,199.99 Incl. GST
Unavailable !!!
1923 Weimar Republic Germany 100,000 mark "Portrait of Georg Gisze and denomination" {H.06464566} ~~ Extra Fine ++++ Condition **P-83**
CONDITION – Extra Fine ++++ Condition (Please check the picture, you will receive the exact same item featured in the picture.)
DETAILS ---
Reichsbank note, valued at 100,000 marks, distributed in Germany from February to November 1923. The front medallion depicts German artwork, Portrait of the Merchant Georg Gisze, created in 1532, by Hans Holbein der Jüngere. German efforts to finance World War I sent the nation into debt. Following their defeat, the Treaty of Versailles obligated Germany to pay reparations, which increased the nation’s financial struggles. The German government attempted to solve this problem by printing more money, which led to severe inflation. The inflation grew to critical levels between 1922 and1923, when the exchange rate of the mark to the United States dollar went from 2,000 marks per dollar to well over a million in a matter of months. The government printed higher and higher denominations, but were unable to keep up with the plunging rates. Germans began using the worthless bills as kindling, wallpaper, and children’s crafts. The emerging National Socialist German Worker’s (Nazi) Party frequently used the bills to their advantage, writing anti-Semitic messages on them, which blamed Jews for Germany’s financial problems. In order to stabilize the economy, the German government established the Rentenbank. The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. Despite this, the Nazi Party continued to use people’s residual economic fears as a propaganda tool to gain power, eventually leading to Adolf Hitler becoming Chancellor in 1933.
- Country -- Germany - 1871-1948
- Period -- Weimar Republic (1918-1933)
- Type -- Standard banknote
- Year -- 1923
- Value -- 100,000 mark (100 000)
- Currency -- Mark (1873-1923)
- Composition -- Paper
- Size -- 190 × 114 mm
- Shape -- Rectangular
- Demonetized -- 05-06-1925
- References -- P# 83
- Obverse -- Portrait of Georg Gisze and denomination
- Reverse -- Denomination bordered by prompt and intaglio design
Purchasing tips:
Please check the picture, you will receive the exact same ITEM featured in the picture.
I TRY TO HONESTLY DESCRIBE EVERYTHING I SELL, BUT PLEASE VIEW THE PICTURE & GRADE FOR YOUR SELF. NO WARRANTIES ARE EXPRESSED OR IMPLIED IN MY OPINION OF THE GRADES, GRADING IS AN ART NOT A SCIENCE.
***** SHIPMENT:
Free shipping on orders over Rs. 0000.00 in same invoice {eligible items}.
Shipping through speed post or register post only.
*** To combine shipping use the “add to cart” option and when you are done with shopping make a single payment for all the items. Requesting you all to buy more items, for reduce average shipping cost and avail promotional free shipping offer.
PLEASE, DON’T BUY ANYTHING IF YOU DO NOT AGREE WITH ALL ABOVE!
Attention! Please look closely at the condition of the item and check the cost of shipping before purchase.
IF YOU HAVE ANY QUESTION ABOUT THIS ITEM,DON'T HESITATE TO ASK YOUR QUESTION.
MY CONTACT No. IS AS FOLLOWS:
MOBILE No.:
OR
can contact me through COLLECTOR BAZAR by “Ask Seller A Question"
Related Products
100% Genuine Products
All Sellers are Verified
Secured Payments
Our Payment Gateway having industry grade security
Fast and Reliable shipping
Fast and Reliable shipping world wide