German banknote gift.

[AdamL]

My mom went with me to a coin show in St. Louis back in October, and she kept asking me if there was anything she could get me for Christmas while we were there. So I pointed her in the direction of a guy who sells foreign stuff for cheap, and told her to get some German banknotes to surprise me with.Feel free to comment on them, or give me some info on them. I haven't had time to do any research on them yet.
Thanks.

[AdamL]

Here's the other side of that note:

[AdamL]

This one is blank on the other side:

[AdamL]

Here's the last one:

[AdamL]

...and the other side of it:

[Sap]

Neat bunch of inflationary notgeld. 

The first is from the city of Wiesbaden, in western Germany on the Rhine.

The second is from the city of Koblenz, spelled "Coblenz" back in the 1920's, situated on the juncture of the Rhine and Moselle rivers, western Germany.

The last is from the city of Geldern, in the northwest near the Dutch border.

[AdamL]

I appreciate the info.

[Nighthawk]

Really cool Notgeld! I have hundreds of them, large and small. I usually pay about 50 cents a piece for them when I can find them. I collect them because there are so many different kinds and they are so colorful. A really neat piece of history!

[Sap]

Oh, and if you're not sure of the denominations of the first two:

"Milliarden" is the German word for "billion", or 10 to the 9th power, so this note is for 10,000,000,000 marks.

"Millionen" is the German word for "million" so this note is for 5,000,000 marks.

[AdamL]

Oh, and if you're not sure of the denominations of the first two:

"Milliarden" is the German word for "billion", or 10 to the 9th power, so this note is for 10,000,000,000 marks.

"Millionen" is the German word for "million" so this note is for 5,000,000 marks.

Wow. I had a feeling those words meant some crazy high numbers. Do you have any idea of what that would have been in U.S. dollars? The idea of a denomination of 10 to the 9th power is just mind boggling to me.

[ElleKitty]

This is a cool website that deals with the conversion, or exchange rate, of the German Notgeld into both British Pounds Sterling, and the US Dollar.



This image panel is straight from his website, giving the currency exchange.  It grew ridiculously in 1923, until it took 19 -billion- Marks to equal 1 Pound, or 4 1/2 billion to equal one US Dollar.  Of course, you could buy milk and bread both with a dollar then, and get back change.  *


*Kitty wasn't around in 1923, and therefore is not an expert at what a Dollar could buy in 1924.  Take her estimates with a grain of salt and consult real professionals.

[S.George]

 

Nice research, Kitty.

I too was not born in 1921.   But as a student of economics, I can quote, what Experts said about, inflation, which you are well aware off, too.

During normal days, 'you can take POCKET FULL OF MONEY and buy/get BUCKETFULL OF THINGS.

During inflation, 'you have to take BUCKET FULL OF MONEY to buy POCKET FULL OF THINGS'     

I am sure, experts in the castle can shed more light.   Like coins, the Bank Notes are also graded
Crisp UNC
UNC
EF
VF etc.,   
I don't know whether they have MS 70, 69, 68, 67. 66. 65, 64, 63, 62, 60 for them, like coins.

I am collecting coins for 4 decades or more and last time, I requested experts to define the grading norms, rules, regulations for these, on another group.   But none replied, satisfactorily what is the difference from MS 60 to 61, 61 to 62, 62 to 63

Really, I do not understand them.  Further more, I can't afford to them, mainly.  I simply collect coins in vg or even in g/vg (in case of Key Dates in U.S.Coins) and complete the Sets.

The other day, some one told, that to get  MS 70 grade 1892 Micro O and another Key Date of BARBER HALVES, he has to sell his 2 Bungalows.   Ha!  Ha! Enjoy collecting.   Please do not expect great money from them

Wish you ALL a Happy and Prospers New Year.   May all your wishes and dreams come true in 2008.

Kind regards

Sincerely
George