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 Replies: 11 / Views: 3,289 |
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Pillar of the Community
United States
2724 Posts |
Here is one of the few foriegn notes that I purchased. As the largest denomination ever produced, it caused quite a stir. The inflation rate grew so rapidly that by the end of the day these notes were discarded in the streets. Download Attachment:  500 Billion Dinars.jpg68.1Â KB |
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Rest in Peace
United States
954 Posts |
Who Issued these? I always that that Germany had the highest inflation rate. See I already learned something new. Thanks for sharing ND..
catman
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Pillar of the Community
 United States
2724 Posts |
These notes were issued in Belgrade Yugoslavia. Really a neat story. The inflation rate peaked at 313 million percent per month. This note has the most zeros ever issued anywhere in the world. Download Attachment: Story of 500 billion dollar note.jpg79.52Â KB |
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Forum Mom
 United States
5877 Posts |
Is this similar to the German notgeld currency in that it was not minted by the Treasury, but by independent merchants and the like?Like Catman, I thought that Germany was the only country affected to this extent. I also thought that the highest denomination was issued by Germany at this time. It's good to learn something new  |
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Banned
New Zealand
306 Posts |
National Dealer,similar notes were also issued by the Serbs for their occupation zones in Croatia & Bosnia-Hercegovina as well.This had the effect of destroying the value of the Bosnia-Hercegovina Dinar,which was issued by the Government of President Alija Izetbegovic.
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Pillar of the Community
United States
756 Posts |
Thanks for this bit of information. Such an awesome note and equally good story. Do we have dealers on this site? I have collected many of my foriegn notes while traveling. However, have recently turned to https://www.com to purchse interesting notes. I see this note is going for roughly 18$ on ebay. If their is a better outlet, I would love to know. Thanks. |
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Rest in Peace
United States
3730 Posts |
Great note. Very interesting.
I colect only what I find when we go on a cruise.
Latest is from Cayman Islands. I like the One Dollar note with the fish and Ocean bottom motif on the back.
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Valued Member
Netherlands
309 Posts |
In Germany, bethween 1914 and 1924 the inflation money isseued by the goverment was with more zero's then the most workers could count :-)
But, and this is a verry verry nice item to collect, From several city's and Landeskreise (county's) they have isseued their own notes and coins as well, so I have a few notes made and printed in silk, linnen, and cardboard, as well coins from differend places in Iron, Aluminium, brass and zinc.
The notes are known becouse of their anti-goverment drawings on them, and karacteristic picks of older city's, and story's abouth them.
Most of the notes are in low faleu, bethween 5 pfennig untill 2 Mark, there are several thousends isseued, good catalogs for those are for the coins the Walter Funck's: Die Nötmunzen der deutsche städte, Gemeinden kreise, Länder etc
And for the notes the catalog of Manfred Mehl; Deutsche Serienscheine von 1918-1924.
Greetings, Carl
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New Member
Bahrain
7 Posts |
i have seen worst on German stamps.a real inflation wow
stylebid
stamps,coins and collectables
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Banned
New Zealand
306 Posts |
Prior to the Yugoslavian inflation period,the country that held the record for the most zeroes on a note was Hungary,as the value of the Pengo plummetted in value.In desparation,the Hungarians decided enough was enough & replaced the currency with the Forint,which was issued up
to 1892.
Aidan.
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Valued Member
United States
230 Posts |
A little clarity. The Yugoslavian note is the note with the most zeroes on it, however it was NOT the highest denomination note issued. That distinction does belong to Hungary, who issued a 100 million B-pengo. That's 20 zeroes if you do the math. http://www.tomchao.com/eu/hung1.htmlThey actually printed a 1 milliard B-pengo note, with 21 zeroes, but never released it. http://www.tomchao.com/eu/hung2.html |
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Forum Kid
Kuwait
1523 Posts |
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Replies: 11 / Views: 3,289 |
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500 Billion Dinars.jpg
Posted 02/04/2005 07:13 am
Story of 500 billion dollar note.jpg
