Trade: 175,000 German Marks for $1 US 90% (OBO)
Weiss
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An especially crucial and topical subject given the state of the economy, the government, Ben Bernacke's helicopter, etc.
After WWI, Germany was supposed to make reparations to the nations it had injured. Just before this "London Ultimatum" German marks traded for about 7 marks per dollar.
By the time of the first payment on this debt, early 1921, the rate had risen to about 60 marks per dollar. By November of 1921, the rate had zoomed to 330 marks per dollar.
Shortly thereafter, through a series of intentional and unintentional events, the inflation rate skyrocketed and Germany went through one of the most intense periods of hyperinflation the world has ever seen. Within months the rate had doubled to around 800 marks per dollar, then over 1,000, then 1,000,000. By the end of 1923, the rate had blown past a billion and gone to well over a trillion marks per dollar.
This collection of seventeen pieces consists of eleven 5,000-mark notes and six 20,000-mark notes. The 5,000-mark pieces date from December 1922. These 5” by 3.5” notes are beautifully rendered in peach, green, black, dark brown, and blue. They feature a stern etching of Martin Luther(?), on medium weight parchment paper with a criss-cross watermark throughout. Mostly crisp bills, some with folds, no major tears or stains. The 20,000 mark notes date from September 1923 and are a vivid rainbow of pinks and greens. They measure roughly 6.25” x 4”, again on medium weight parchment with an interesting “bubble” watermark throughout the note. Slightly more crisp, again no tears or stains.
These are awesome pieces of history fast approaching 100 years old, and a warning about what could happen here or anywhere. They make a beautiful display, they're a nice background for coin photography, and they're much more interesting for kids to play with than store-bought "play money".
Looking for $1 us 90%. A mix of quarters, dimes, halves is fine, a 90% dollar is good, too. What do you have?
Note: Peace dollar shown for size comparison and not included in trade
After WWI, Germany was supposed to make reparations to the nations it had injured. Just before this "London Ultimatum" German marks traded for about 7 marks per dollar.
By the time of the first payment on this debt, early 1921, the rate had risen to about 60 marks per dollar. By November of 1921, the rate had zoomed to 330 marks per dollar.
Shortly thereafter, through a series of intentional and unintentional events, the inflation rate skyrocketed and Germany went through one of the most intense periods of hyperinflation the world has ever seen. Within months the rate had doubled to around 800 marks per dollar, then over 1,000, then 1,000,000. By the end of 1923, the rate had blown past a billion and gone to well over a trillion marks per dollar.
This collection of seventeen pieces consists of eleven 5,000-mark notes and six 20,000-mark notes. The 5,000-mark pieces date from December 1922. These 5” by 3.5” notes are beautifully rendered in peach, green, black, dark brown, and blue. They feature a stern etching of Martin Luther(?), on medium weight parchment paper with a criss-cross watermark throughout. Mostly crisp bills, some with folds, no major tears or stains. The 20,000 mark notes date from September 1923 and are a vivid rainbow of pinks and greens. They measure roughly 6.25” x 4”, again on medium weight parchment with an interesting “bubble” watermark throughout the note. Slightly more crisp, again no tears or stains.
These are awesome pieces of history fast approaching 100 years old, and a warning about what could happen here or anywhere. They make a beautiful display, they're a nice background for coin photography, and they're much more interesting for kids to play with than store-bought "play money".
Looking for $1 us 90%. A mix of quarters, dimes, halves is fine, a 90% dollar is good, too. What do you have?
Note: Peace dollar shown for size comparison and not included in trade
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
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--Severian the Lame