Wow! Key Date Coins AM Live Auction 17 pt1D1
By Key Date Coins
Apr 26, 2024
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
Early Bird Sale! HUGE 5% Buyers Premium Discount on the first 100 lots of the auction each day! We are proud to present 5000+ lots of our 4 day Key Date Coins Spectacular AM Live Auction! This is part one of this auction. This is a not to be missed event! Join us on Friday, 04/26 - Monday 04/29! Every auction has something for everyone, there is always a bargain to be had! From large estates to small estates, consignments from around the country, we have it all! We will auction lots 1-1440 on Day 1, 1441-2880 on Day 2, 2881-4320 on Day 3, and 4321-5760 on Day 4. This auction will begin at 10:00am. It will be auctioned by Heidi, Sean, and Jordan. We can't wait to see you at the auction!
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LOT 30:

1923 Germany (Weimar) 10 Million Marks Hyperinflation Note P# 106a, Watermark G/D in Stars Grades vf+. In the early ...

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Start price:
$ 5
Estimated price :
$25 - $100
Buyer's Premium: 18%
Auction took place on Apr 26, 2024 at Key Date Coins
tags:

1923 Germany (Weimar) 10 Million Marks Hyperinflation Note P# 106a, Watermark G/D in Stars Grades vf+. In the early 1920s, post-WWI Germany saw its economy spiraling out of control. Hyperinflation started directly after the war in 1918, but truly took over the Weimar Republic from 1921 to 1923. The value of the Mark declined incredibly rapidly. 1 USD was equal to 50 German Marks at the beginning of 1920. Toward the end of 1923, 1 USD was equal to over 4,200,000,000,000 German Marks. At times, denominations of the Mark became less valuable than the paper and labor to print it almost immediately after printing. Thus, denominations of the Mark notes became incredibly large, ending up in the tens of trillions.

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