I don’t collect money except for a few odds and ends but I found this bank-note interesting. I found it in a local antique mall and paid $7.00 for it.
It’s a 20 Mark note (about $4.00 US dollars in 1914) from Imperial Germany dated February, 1914, about 6 months before the start of World War One. What caught my eye was the lettering and how artistic the note is over all.
From a historical point of view it represents a stable, strong currency that steadily would lose value throughout the war but most importantly after the Treat of Versailles when Germany was forced to pay huge war reparations-a factor that led to the Second World War.
By 1923 one US dollar was worth 4,200,000,000,000 German Marks. That’s over four trillion! It partially explains the Nazi rise to power that focused on nationalism (German pride) and the harsh, punitive reparations Germany was forced to pay.