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Hyperinflation Notes

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jbuck's Avatar
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 Posted 02/06/2020  3:29 pm  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
A good example with face value as written word and numerals............

Hyperinflation-Notes
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 Posted 02/06/2020  3:30 pm  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
....and the 1 BILLION mark piece.....

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jbuck's Avatar
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 Posted 02/07/2020  08:56 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
A good example with face value as written word and numerals............

Quote:
....and the 1 BILLION mark piece.....
Nice pair!
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 Posted 02/08/2020  4:17 pm  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
The 'Nur zur Verrechnung' red stampmark translates as 'only for billing' or 'only for settlement of invoices'.

Companies would have issued notes out but those stamped "nur zur Verrechnung" would not go into general circulation but be used to settle invoices from other companies, presumably for reasons of financial prudence......
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sel_69l's Avatar
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 Posted 02/08/2020  4:57 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Interesting that one billion used to be recognized as one million million.
Not any more.
It is now recognized ad one thousand Million.

International standards were changed about 50 years ago.
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 Posted 02/09/2020  10:54 am  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
@sel69l - things change - sometimes for the better and sometimes for the worse. If a seller/dealer/collector is selling a German banknote from 1923 that has a face-value of '10 milliarden' mark (10,000,000,000m) - hopefully we both agree that it shouldn't be described as a 10 'billion' mark note (10,000,000,000,000m)? I see it all the time...........and to me, it is totally wrong.
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 Posted 02/12/2020  06:52 am  Show Profile   Bookmark this reply Add ScotsGreyhound to your friends list Get a Link to this Reply
Nicaragua 10,000,000 Cordobas (1990)
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 Posted 02/12/2020  08:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Nicaragua 10,000,000 Cordobas (1990)
Excellent!
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 Posted 02/12/2020  09:21 am  Show Profile   Bookmark this reply Add ScotsGreyhound to your friends list Get a Link to this Reply
Thanks jbuck
It was the highest denomination on a Nicaraguan banknote, coming at the end of the Sandinista governance (1979-90)

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 Posted 02/12/2020  10:28 am  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
A 'banknote' made from 7 individual ones!
Hyperinflation-Notes
This '1 Trilliarde' note (1,000,000,000,000,000,000,000m) is a made-up 'joke' piece! Very interesting though......
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 Posted 03/08/2020  2:58 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Yugoslavia

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 Posted 03/08/2020  7:25 pm  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
@IndianGoldEagle - Nice note. In 1993 how much would this have been worth ..or what would you have been able to buy with it? I do find the hyper-inflationary notes mind-boggling but so interesting.
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 Posted 03/08/2020  7:31 pm  Show Profile   Bookmark this reply Add notgeldman to your friends list Get a Link to this Reply
As I am a German notgeld collector, here is another piece from me:

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