148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
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OVERNIGHT LIVE COIN AUCTION! ALL NIGHT ENTERTAINMENT!
We are proud to present 1000+ lots of our LATE NIGHT! Key Date Rare Coin Auction 7.2 ON! Brought to you during the week until 11am! This is a not to be missed event!
Join us on Wednesday, February 19th (AT 1:00: am!- just became Wednesday!)
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!
This auction will be auctioned by Conri and Tanner.
We can't wait to see you at the auction!
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LOT 8150:
Group of 10 German and Austrian Banknotes, From Imperial to WWI to Weimar Hyperinflation. In the early 1920s ...
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Start price:
$
10
Estimated price :
$25 - $100
Buyer's Premium: 18%
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Group of 10 German and Austrian Banknotes, From Imperial to WWI to Weimar Hyperinflation. 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.
