Monday, May 18, 2020

Inflating your collection : 1 German Empire (Weimar Republic) e

Where in 1921, notes from 10 to 1000 RM were in use, in 1922 notes from 100 to 50,000 RM were needed. And this was just the beginning of the hyperinflation.
By October of 1923, prices doubled every 3 - 4 days. Small banknotes, and later even the larger ones became worthless if you didn't spend them the moment you received them.  Every other day, prices were 20% higher than the day before...

In February 1923, a new note is introduced, 100,000 RM
100,000 RM (1923) - Pick 83a and 83c
This note comes in 3 variations: 83a without T next to the image, 83b and 83c have this "T" next to the image. 83b comes with 2 serial numbers (not in the pic), 83c only has one serial number.
Reverse side of 100,000 RM (1923)
A second emission in February 1923, consists of a 10,000; a 20,000 and a 1,000,000 RM note.
The 10,000 RM is a very rare note and was not issued to the public.
The 20,000 RM is very common.
20,000 RM (1923)
For this note again, there are 6 different watermarks possible.
85a : small circles :
85b : G/D in stars :
85e : Greek pattern :

the other 3 possibilities :
The catalogue mentions two different types of serial numbers for the 85a:
two types of 85a
Not only a different lettertype is used, also the size of the lettertype is different and also the letters left, are in a different lettertype.
On top, one of the notes has an asterisk too. (The colour difference is due to the pic, in reality they are similar.
The catalogue does not mention differences in serialnumber in the other subtypes.
In the two examples of the 85b (pic below), there is however a clear difference in size and lettertype (see the different "2's")
two types of 85b ?
compare both "2's"
20,000 RM (1923) reverse
This 2nd series ends with the emission of a 1,000,000 RM note (not yet in my collection).

to be continued ...

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