Original Uncirculated 20-Note Consecutive Bundle 100,000 Mark Notes 1923 with Original Band

This is a rare set of 20 uncirculated consecutive numbered Reichsbank 100,000-mark notes, still in their original paper bank band. These notes have never circulated, nor have they been folded or creased. Some notes may show some minor foxing or other discolouration from time and humidity, but these remain some of the finest surviving examples of this interesting and historic banknote issue.

• Front design: merchant Georg Gisze by German painter Hans Holbein
• Ink: dark brown on pale lilac paper with a lilac tint on the right side of the note
• Watermark: beautiful leafy garland

German efforts to finance World War I sent the nation into debt, and the Treaty of Versailles obligated Germany to pay reparations. The German government attempted to solve the nation's financial struggles by printing more money, which led to severe inflation. The government printed higher and higher denominations, but were unable to keep up with the plunging rates.

In order to stabilize the economy, the German government established the Rentenbank. The Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all property in Germany, rather than gold. This meant that the crisis caused by the public's lack of confidence in the currency of the Reichsbank fell, and the hyperinflation ceased.

Includes:
• 20 Original 1923 Consecutive Note Bundle, 100,000 Marks

Warranty Information:
This product comes with a 30-day warranty through TSC.