LOT 151:
1914 Germany 20 Marks WW1 First Issue P# 48b Grades vf+. In August 1914, Directly after the onset of WW1 ...
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Start price:
$
20
Estimated price :
$11,250 - $11,250
Buyer's Premium: 18%
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1914 Germany 20 Marks WW1 First Issue P# 48b Grades vf+. In August 1914, Directly after the onset of WW1, the German Empire removed the gold backing of the mark and issued new currency. After the fall of the German Empire in 1918, the newly formed German Weimar Republic issued another new currency, known derisively as the "Paper Mark", which faced massive hyperinflation.
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