Truly a magnificent and fabulous example of this emergency money or notgeld banknote issued by the Reichsbank in 1922 in Germany. Originally a 1,000 Mark note, it is over stamped for One Billion Mark which is a truly huge amount of zeros.
It is clean and crisp with good strong edges and no staining. The note itself is two toned with half of it brown and half of it white. This is not staining, this was the intention of the printer.
As hyperinflation soared out of control it became expedient to take existing banknotes and over stamp them with a new value. It was cheaper, faster and more practical than waiting for new notes to be designed and printed.
An extraordinary example of an economic system in free fall.
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