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1923 BADISCHE BANK ZEHNTAUSAND MARK 186985

AUD$15.00

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SKU: 1923BADISCHEBANKZEHNTAUSANDMARK186985-D13 Category:

A nice example of this note. Approximately VF .

I find it amazing that despite the economic situation within Germany as the entire system collapsed that they still found the time to put so much effort into these wonderful artworks. The intrinsic designs were nothing short of small master pieces. Heraldic as well as mythical depictions were prevalent on so many of the notes from this period.

This note forms part of the series which includes the 5,000 mark note from this same period. See the attached picture link below.

SKU

Design

German Reserve Bank of Baden note issued in Mannheim

Badische Bank 10 000 Mark 1923

1.4.1923

Baden

130 mm X 89 mm

BAD9a

History

In the period of hyper inflation, the Badische Bank or Bank of Baden released in a one year period beginning on 01 August 1922 bank notes with denominations of 500 marks, 5000 Mark, 10,000, 500,000 marks, 1 Million Mark, 20 million, 2 billion dollars and finally 100 billion Mark which was released on 30 October 1923.

By October 1924 the bank was back to releasing banknotes from 50 marks and more as the economy was stabilized and brought under control.

The bank itself was established in 1870 and was the Reserve Bank of Baden until 1935. It had its headquarters in both Mannheim and Karlsruhe from 1932 onwards.

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