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<p>[QUOTE=&quot;afantiques, post: 2147624, member: 71234&quot;]<i>A $50 million face value indicates it was not quite issued at the time of peak inflation, when notes were denominated in the billions.</i></p><p><br /></p><p>It is usually forgotten by Americans (and probably most others nowadays) that at the time, what Americans call a billion was a milliard, 1 thousand million and a European billion was 1000 milliards.(one million million)</p><p><br /></p><p>When the inflation hit the buffers, 1 European billion marks translated to 1 new mark, so notes with a denomination of 1 Billion (European) and up were almost all changed for the new currency and are thus quite rare.</p><p><br /></p><p>You&#039;d need 20,000 of these notes the OP illustrated to equal a note or coin worth about 20c. US. Clearly they would be better value burnt for warmth than redeemed for new money.</p><p><br /></p><p>There are Notgeld catalogues, I have one somewhere I think.</p><p><br /></p><p>The German hyperinflation seems insignificant compared with that suffered by Hungary after WWII.</p><p><i><br /></i></p><p><i>&quot;How bad was the inflation? Something that cost 379 Pengö in September 1945, cost 72,330 Pengö by January 1946, 453,886 Pengö by February, 1,872,910 by March, 35,790,276 Pengö by April, 11.267 billion Pengö by May 31, 862 billion Pengö by June 15, 954 trillion Pengö by June 30, 3 billion billion Pengö by July 7, 11 trillion billion Pengö by July 15 and 1 trillion trillion Pengö by July 22, 1946. Obviously, the inflation was devastating to the mathematically challenged.&quot; </i></p><p><br /></p><p><a href="https://www.globalfinancialdata.com/gfdblog/?p=2382" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.globalfinancialdata.com/gfdblog/?p=2382" rel="nofollow">https://www.globalfinancialdata.com/gfdblog/?p=2382</a></p><p><br /></p><p>for more.[/QUOTE]</p><p><br /></p>

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