Mint uncirculated grade
Emergency money or notgeld was printed in very large quantities and people had little respect for it. Some people burned it in their fires as it was cheaper than firewood. The hyperinflation period in Germany saw many variation being produced as the notes worth was constantly changing as the Mark devalued. A loaf of bread in January 1923 sold for around 250 Marks, by November the same year, the same loaf would set you back 200,000 million Marks.
It is remarkable that an example such as this has survived for almost 100 years in perfect condition.
The paper has lovely new feel to it and the and the note itself is mint uncirculated ( kassenfrisch in German). No wrinkles, creases, pinholes or marks to detract from its perfection.
For the purveyor of high quality hyperinflation bank notes this note makes the perfect addition.