Germany 50 Millionen Mark 1923 emergency note info?

I worded it weirdly, that's what I was meaning to ask

 

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Doug - You missed my point which has nothing to do with production costs...and everything to do with a mind frame of rounding off monetary transactions. So when does the rounding off end? When does it get to the point of rounding off all cents completely and only doing transactions in dollars? When does it get to the point of rounding off only in 100 dollar increments? Or then 1,000 dollar increments, etc?

Oh this is far fetched you may say? Better think again. One day we may need 50 "Millionen" notes to buy a loaf of bread, and I wish I was only kidding. Then collectors 100 years from now will be posting in Coin Talk about a similar subject regarding those cool hyper large denomination American notes that were printed in the early 21st century.

 

I'll respond to what you meant to say. The fact still remains, there is NO connection between "rounding" and printing (more) fiat full-faith-and-credit currency. Zero. None. Try again.

Canada and Australia both eliminated their 1c coins in recent years. Those are among the world's nations most like the United States.

Predictably, nothing happened.

 

Exactly. Hyperinflation would presumably lead to rounding, but it's not clear how the reverse could occur.

If the government devalues our money to the point where a loaf of bread costs $10,000, do you really think it'd help at all if we still had pennies in circulation? Maybe then Wal-Mart would sell you the bread for $9,988.88, but I don't see how that's much of an improvement....

 

Nothing happened...yet. 'Yet" as in something will happen and it definitely won't be good, only a question of when.

 

Low denomination coins have been eliminated in many countries. Think Scandinavia. Has worked fine, works fine, will work fine. Does not have anything to do with this topic though.

Christian

 

As a not very active European banknote dealer I'd not expect the stamped note to fetch any more than an unstamped one.