As we well know, German suffered runaway inflation in the 1920s as a result of crippling reparation payments after World War 1. These 1 Milliarde notes date from that time (P114). Printed on one side only, they are simple affairs. The milliarde of that time was what we call a billion today - One thousand million marks became one milliarde. We have a limited number of these high denomination notes in Crisp GEF/Unc. We haven’t been able to offer them for quite a long time in such high grade.
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 50 million marks dated 1923 (P109) Printed on one side only, they are simple affairs which in no time at all was eclposed by even great denominations. Our examples are in Crisp Uncirculated condition.
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.
Germany suffered rampant hyperinflation in the early 1920’s and local banks, towns, industries and municipalities started issuing banknotes alongside the government issues. These 1000 marks notes were issued by the Stadt of Bamberg. They are fairly simple affairs and actually circulated during this fraught economic crisis Available in G Fine to VF at just £5.25.
The economy of Venezuela has been ravaged by rampant hyperinflation in recent years. In 2008, the government revalued the currency by 100 to one. Ten years later in 2018, five noughts were lopped off when the currency was revalued yet again 100,000 to one These new notes from Venezuela are dated 2019 and show yet again how higher and higher denominations were needed to keep up with inflation. The highest values that have been issued are the 10,000, 20,000 and 50,000 bolivares (P-New) Unlike previous issues, they have a common design. On the front, we find a portrait of Simon Bolivar while on the back a view of the National Pantheon of Venezuela in Caracas is illustrated, otherwise known as the Mausoleo del Libertador Simon Bolivar and where he was buried in 1842. This Uncirculated trio was printed by the Russian Security Printers Goznak and have a 2mm wide security thread. Uncirculated Venezuela High value Trio at just £11.50
In the early 1990s, Yugoslavia suffered chronic hyperinflation with banknotes being issued in the millions and finally the billions. This 100 million Dinara is dated 1993. (P124) A young boy appears on the front with the facade of the Academy of Science on the back. A relic of troubled times before war led to the breakup of the country. Crisp Uncirculated at just £ 3.75