10 Million Marks Weimar Republic 1923, 7, Banknotes of Germany (Code 121-01)
Description of 10 Million Marks Weimar Republic 1923, 7, Banknotes of Germany
In 1923, the Weimar Republic in Germany faced hyperinflation, reaching a staggering 10 million marks per note. This economic crisis resulted from war reparations, excessive printing of money, and political instability. Citizens witnessed the devaluation of their currency, rendering it practically worthless. Daily life became a surreal struggle as prices skyrocketed, making basic goods unaffordable. People resorted to using wheelbarrows to carry cash for essential purchases. The 10 million mark note became a symbol of economic chaos, reflecting the nation's turmoil. This episode highlighted the fragility of the Weimar Republic and paved the way for social and political upheaval, laying the groundwork for the rise of extremist ideologies in Germany.
Specification of 10 Million Marks Weimar Republic 1923, 7, Banknotes of Germany
| About this coin | |
|---|---|
| Product type | Banknote |
| Year | 1923 |
| Country | Germany |
| Value | 10 millions |

