Germany 5 marks 1917 P56b

The hyperinflation suffered by Germany after the First World War ravaged the economy. Banknotes were issued with values in the millions and even billions to cope with rising prices. One such note was the 20 million marks dated 1923 (P108) Printed on one side only, they are simple affairs which in no time at all was eclipsed by even great denominations. Our examples are in Crisp Uncirculated.

A note issued during the crazy hyperinflation period of the 1920s in Germany featuring a portraits of a merchant. This 5000 marks note was issued in 1921 and densely engraved in brown and green on cream (P81) . We offer them in Good Fine to VF.

This colourful 5 mark notgeld from 1920s Bielefeld was issued to commemorate the end of World War I. The note lists all 29 states Germany was at war with and the countries it made peace with. It also records the end date of the reign of Kaiser Wilhelm II in 1918, which marked the start of the German Republic. The design shows a man with a pipe and a man sowing seeds. Historic and Uncirculated.