The listing, 1923 German Funfzig Millionen (50,000,000) Mark Banknote (Reichsbanknote) has ended.
1923 German Funfzig Millionen (50,000,000) Mark Banknote (Reichsbanknote)
When I was little, back in the fifties and early sixties, I thought my dad was wildly wealthy because he had a stack of these banknotes. Fifty Million Marks! Would that it were so. My dad got these from his dad, who got them from his brother, who was traveling in Germany on his way to China as a missionary at the time. My dad gave these to me a couple decades ago. I discovered them in a box this morning and thought someone on eBay might like them.
These are dated 1 September 1923 and were meant to be used from 1 January 1924. Before the latter date, Hitler had been arrested in the Munich Beer Hall Putsch and was soon to be in prison, and the Nazi period was on its way. Weimar Germany, though, still had quite a ways to go.
According to WikiPedia, which has a photo of one of these, in 1912 a fifty million mark note would have been worth about $12 million US. The day this one was issued, it was supposed to be worth a dollar. A couple weeks later, it was virtually worthless, excepted as scrap paper, etc.
These are circulated notes, but most have never been folded. They look virtually ironed. They've been in a stack in an envelope for a good sixty years or more. These are numbered, of course. Most are in one of the NN series. There are a few others, too. I'll sell unfolded ones until those are all gone.