It's dated 15,Feb. 1923 and is nowhere to be found in the Krausse catalog. There is like 12-14 signatures on it... Anyone ever seen this banknote?
It is a piece of local notgeld issued during the inflationary period of 1923. Since it was not issued by the Reichsbank you will not find it in the Pick catalog of world paper money.
Here's some data regarding the notgeld notes. Unless you had a catalog for specific notes, it would be a monumental task to find out details about what you have. But, you never know, a member here may have exactly what you need! http://www.notgeld.com/examples/issues 5,500 varieties of 1914, issued by 452 places. 36,000 varieties of 1915-1922, small value notes (kleingeld), issued by 3,658 places. 5,000 varieties of 1918-1919, larger denominations (grossgeld), issued by 579 places. 4,000 varieties of 1922, between 100 & 1000Mk, issued by 800 places. 70,000 varieties of 1923, inflationary notes, issued by 5,849 places. 3,660 varieties of 1923/4 notes of constant value (wertbestandiges), issued by 562 places. 3,000 varieties of P.O.W.notes, issued by 600 issuing locations. These figures are based on the findings of Dr. Arnold Keller, a collector, then dealer, then author of notgeld related books, who died in Berlin in December 1972. Any true collector of notgeld will have undoubtedly, come across his name. If you take all types of minor varieties into account, then the number, I have heard, is more like 163,000 in total. Serienscheine basic issues, listed by K.Lindman in his 'Band 1: Grundausgaben' catalogue.................8810 notes. All types of serienscheine...........my findings......1440 issuing authorities with about 2000 different series, some with many variants.
Wow...First off, thank you for being so informative, I appreciate your help! Second, wow! 160,000 varieties? I knew the number was big but not that big. Well, I'm glad I'm not too ambitious to try to assemble a complete collection of that.
It is written right on the note: Duren, Euskirchen, Julich and Stolberg-Eschweiler The signatures are from the government leaders of the districts, the Industrial Union of Duren and the surrounding areas, and the Chamber of Commerce of Stolberg.
There is at least one Notgeld book I have seen around with prices and pics in it, but I think it is scarce. I am going to pick it up from my coin dealer this week for myself. I'll let you know the name of it when I do.
There are actually many notgeld books around. The only ones worth getting are all in German. They are a multi-volume group that can be purchased individually. The volumes are broken down into the categories ikandiggit identified above. The books are by Arnold Keller or Kai Lindman. There is also a book on Serienscheine by Mehl and railroad notes by Tieste. Check APC Paper Collectibles in Las Vegas for availability. Hans and Beate also have a large selection of notgeld. www.apcpapercollect.com
Wow, thanks for the info lettow! I had no idea about those. My German is a bit rusty, but probably still be able to read it without any problems.
Mehl's Serienscheine book and Tieste's book on railroad notes are well illustrated. A non-German speaker will be able to use these books fairly easily with the illustrations. Even the abbreviations for watermarks and printers will not be difficult to figure out. Incidentally, Coffing's book on notgeld (the only one I know of in English) is pretty much useless as a reference book. It is pretty much only a checklist and is not well illustrated.
What would you say is the ratio of banknotes worth keeping to the ones that they are numismatically worthless? I imagine going through those mentioned books is the way to go to be fully sure of what to keep and what not to keep but still...too much work haha
Most notes from the inflation era are fairly common and worth less than $10.00. There are some exceptions but you really have to know the area to identify them.
Would someone be able to look up the value of this note? I don't have enough money to buy all these different catalogs. I already have all the years for the Krausse books, the Red and Blue Book and all the Krauss newest coin catalogs for all the centuries. If most notes are not worth more then $10, are you implying that they are worth more then $1 then? This would much easier if I just got my hands on that catalog
