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20000000 Mark note
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20000000 Mark note
The hyperinflation the Weimar Republic 1921-1923. Front of a Banknote on 20 000 000 Mark edited in Berlin 18/9 1923. Date: 1921-1923
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Media ID 7224521
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10427050
Bank Note Crisis Currency Deutschmark Deutschmarks Economic Finance Financial Inflation Mark Marks Million Money Note Notes Twenty
EDITORS COMMENTS
This print showcases the front side of a historic 20,000,000 Mark note issued during the hyperinflation period of the Weimar Republic in Germany, between 1921 and 1923. The note, edited in Berlin on September 18, 1923, bears the inscription "Deutschland - Reichs-Bank - 20,000,000 Mark," symbolizing the extreme monetary instability that gripped the German economy during this tumultuous era. The Weimar Republic, which followed the end of World War I, was marked by a series of economic crises, including hyperinflation. The German currency, the Mark, lost most of its value due to the excessive printing of banknotes to finance the war efforts and the reparations imposed by the Treaty of Versailles. By 1923, a single US dollar was worth over 4.2 trillion Marks. This 20,000,000 Mark note, with its intricate design and ornate details, is a stark reminder of the economic turmoil that plagued Germany during this time. The note features an image of the goddess of wisdom, Minerva, holding an olive branch and a shield, along with various other symbols of power and prosperity. Despite its grand appearance, this note represents the devastating consequences of unchecked inflation and the desperate attempts to maintain the value of the German currency. This print offers a unique glimpse into the economic history of the early 20th century and the challenges faced by the Weimar Republic during its most trying times. It is an essential piece for any collection focusing on finance, economics, or the history of currency.
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