Template:POTD/2023-03-30

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Papiermark

The Papiermark is the name given to the German currency from 4 August 1914, when the link between the Goldmark and gold was abandoned. In particular, the name is used for the banknotes issued during the period of hyperinflation in the Weimar Republic in 1922 and especially 1923. During this period, the Papiermark was also issued by the Free City of Danzig. The last of five series of the Danzig mark was the 1923 inflation issue, which consisted of denominations of 1 million to 10 billion issued from August to October 1923. The Danzig mark was replaced on 22 October 1923 by the Danzig gulden. This set of Danzig banknotes, in denominations of 100, 500 and 1000 mark, was issued in 1922. These banknotes are part of the National Numismatic Collection at the Smithsonian Institution's National Museum of American History.Banknote design credit: Free City of Danzig; scanned by Andrew Shiva