1923-NOTGELD DÜSSELDORF-PHOENIX MINING Co 5 MILLIONEN MARK NOTE-HYPER INFLATION

Notgeld was mainly issued in the form of paper banknotes. A huge collectors market grew,which was at its peak in 1920. After 1923 the printing of notgeld stopped. BRIEF HISTORY OF NOTGELD. Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923.

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