German Notgeld Collector Of 46 Years, From Uk.

*Altona* - my post has it spelt incorrectly.
The note looks more like a German State issue. It is obviously a banknote. But some banknote collectors don't seem to count notgeld issues as genuine banknotes........which is a real shame. I think they are missing out on a whole 'genre' of notes........emergency issues. Of course one can have the argument of usage and reason for issuing etc etc, and even the issuing body.....but these pieces tell a story of the economic hardships of the times. They are all historical documents, in my mind. A real phenomenon that actually happened because there was a need for it to happen.
(Sorry guys - just had an email in from someone saying 'these are not real banknotes' - as you can see from all these postings I make.....education, education, education.)

Well said.


Very nice!

Very interesting! Hyperinflation in action.

Very neat! Reminds me of the Transnistrian 10000 ruble notes, which were similarly overprinted from 1 and 10 rubles.
I think I've seen some other similar issues? Don't recall the details offhand.

I hope to get some hyperinflation-era notgelds in my collection eventually, but they appear to be very expensive. (I did buy about 70 different cheap-ish notgelds a few weeks ago, but IIRC they were all denominated in pfennigs.)

Here is a picture of the 'original' note with no overprint:


For these examples, the overprint isn't as obvious as most.......which tend to have a great big coloured diagonal overprint. I'll show a couple of examples next.....

Excellent!

A good example of what I would call a 'typical' OVP (overprint):




The original date of issue matches the original face value which was pretty high even then - 50,000,000m.
The overprint to 500,000,000....that raised its value to 10 times its original one, will have been actioned later on in the 1923 year.......probably October I think.