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<p>[QUOTE="chrisild, post: 1079795, member: 39"]Not that I am a notgeld expert in any way <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> but we can, very roughly, differentiate between two types of German notgeld. Initially those notes came out because there was not enough small change - hence the denominations of 50 pfennig etc. Many of those were beautifully designed, even with collectors in mind. The motivation was simple: The more of those emergency issues were collected and not redeemed, the more profit for the city (or whoever issued them). And higher denominations, be it coins or notes, were still available - inflation was not the primary issue then. Guess that quite a few of those have "survived".</p><p><br /></p><p>Later, with denominations in the millions and bilions range, that aspect became less important. Sure, nicely designed notes were still made and issued (as the one in the first post shows), but the denominations became higher and higher very quickly. When the note in the first post was issued in Oct-1923, you would have needed two to buy one egg.</p><p><br /></p><p>When the inflation period ended, 1 Billion (1,000,000,000,000) Mark became 1 Reichsmark. This note here would thus have had a minimal value. I have seen photos from those years of people using such notes as wallpaper or for heating. So on one hand quite a few of those notgeld notes were destroyed; then again I am sure that enough survived because people just did not care ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1079795, member: 39"]Not that I am a notgeld expert in any way :) but we can, very roughly, differentiate between two types of German notgeld. Initially those notes came out because there was not enough small change - hence the denominations of 50 pfennig etc. Many of those were beautifully designed, even with collectors in mind. The motivation was simple: The more of those emergency issues were collected and not redeemed, the more profit for the city (or whoever issued them). And higher denominations, be it coins or notes, were still available - inflation was not the primary issue then. Guess that quite a few of those have "survived". Later, with denominations in the millions and bilions range, that aspect became less important. Sure, nicely designed notes were still made and issued (as the one in the first post shows), but the denominations became higher and higher very quickly. When the note in the first post was issued in Oct-1923, you would have needed two to buy one egg. When the inflation period ended, 1 Billion (1,000,000,000,000) Mark became 1 Reichsmark. This note here would thus have had a minimal value. I have seen photos from those years of people using such notes as wallpaper or for heating. So on one hand quite a few of those notgeld notes were destroyed; then again I am sure that enough survived because people just did not care ... Christian[/QUOTE]
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Help needed with German inflationary note
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