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50 Million Marks, Germany, 1923 Portuguese India This note features a fisherman

SKU: 5441766913

4.8
EUR200.00 EUR245.00

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Description

This note features a fisherman on the obverse

while the bottom right features the elephant Airavat

and will carry age related wear and tear

which saw high inflation in the early 1960s (100% in 1961

50 Million Marks, Germany, 1923 Portuguese India This note features a fisherman50 million marks, issued by the Reichsbank (Germany) in 1923. These notes are from the post World War I period (the Weimer Republic) in Germany when the country faced hyperinflation. The hyperinflation was caused by the debt that Germany had taken on to finance the War, and was triggered by a Franco Belgian occupation of the industrial district of Ruhr to force Germany to pay a war indemnity. When prices rise by over 50% in a month, it is considered a

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