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Germany - 20 Milliarden Mark 1923 - Pick # 118e - UNC-

Description

This banknote, issued in 1923, represents a significant period in German history during the hyperinflation era. The note features intricate designs and security elements characteristic of the time. The prominent denomination of twenty billion marks is displayed prominently, accompanied by detailed engravings that reflect the economic struggles of the Weimar Republic.


Obverse (front)
The front side of the 20 billion marks banknote showcases a green and beige color scheme, which is typical for banknotes of that era. The word "ZWANZIG" (twenty) is prominently shown at the center, surrounded by ornate patterns and detailed borders. In the background, faint watermarks can be observed that were designed to prevent counterfeiting. The date of issue, "Berlin den 1. Oktober 1923," highlights its historical significance, while the red serial number adds another layer of security.

Reverse (back)
The reverse side of the banknote is simpler but still elegant, featuring a less detailed design compared to the front. It reiterates the denomination "20 MILLIARDEN MARK" clearly. The use of green and the bold typography serves both aesthetic and functional purposes. Additionally, the paper quality indicates an effort to resist wear, suggesting an understanding of the note’s value in daily transactions during a time of economic hardship.

Start bid
€ 10
Estimated
€ 35  —  € 50
Current bid
€ 10
Minimum bid
€ 11
No reserve
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Ends on: 14/02/2026 15:00 (CET)
Start bid
€ 10
Estimated
€ 35  —  € 50
Sold for
€ 10
Minimum price was not reached
1 Bid
Date
€ 10 (Your bid) M8668
25/01/2026 - 11:52
Specifications
Auction
E - Auction # 19 / World Banknotes / February
Main categorie
Banknotes
Country
Germany
Year
1923

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Closing
All auction information

After already completing several auctions with only PMG graded banknotes, we now invite you to take part in our very first raw notes auction!

You are welcome to scroll through our very diversified offer, going from a nice Tibet and Belgian Congo selection, over a small interesting group of Polish notgeld, to better pieces of former Yugoslavia.

Please enjoy!

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