Hello paper money folks. I am a long time Paper money forum lurker but have never posted in the paper money forum before this. Most of my paper collection consists of error notes. Let me know if ever want to see my paper errors. Today a friend gave me this note. A guess might be that it has something to do with an occupation in Germany during a period of hyper inflation. It looks like it has a small portrait of George Washington & there are a couple six-pointed stars. The only words printed are in English and the denomination is apparently 1,000,000 Marks. Can anyone tell me what I've got here? (My friend has several of these in an envelope).
Germany's response to devaluation of currency and runaway inflation in the early 1920s was to print more and more cash, until every paper factory was churning out larger and larger denomination bills - exasperating the problem to the point where the Deutschmark was virtually worthless. Although most of this "money" was destroyed, enough has remained in the hands of collectors that one might be able to sell it for a few dollars (as a novelty item). Source: http://wiki.answers.com/Q/How_much_is_a_1923_1000000_mark_reichs_bank_note_worth#ixzz1kyuAAaHQ
Apparently you are telling me that my note is a 1923 1000000 mark reichs bank note. However, it is written in English language and has George on it. I have the big world paper money catalogs. Can you tell me where I might find the note depicted?
It is not a German note. It is doubtful that you will be able to get a definite answer. My guess is that it was probably created for a casino night, auction or similar event sometime in the 1920s.
The use of the plural-S also indicates that the "note" is not from Germany. A German note from the early 1920s would simply say "Mark", singular and plural. Same thing with "Deutsche Mark" (after 1948). Christian