10 Million Marks Weimar Republic 1923, 7, Banknotes of Germany (Code 121-01)

10 Million Marks Weimar Republic 1923, 7, Banknotes of Germany
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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

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