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The Papiermark (German: [paˈpiːɐ̯ˌmaʁk] ⓘ; lit. 'paper mark', officially just Mark, sign: ℳ︁) was the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and ...
- Pfennig
- ℳ︁
- Mark
Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. The German currency had seen significant inflation during the First World War due to the way in which the German government funded its war effort through borrowing, with debts of 156 billion marks by 1918. This national ...
The German Papiermark (often just Papiermark) was the money of the Weimar Republic, from 1919 to 1923. On 15 November 1923 it was replaced by the Rentenmark, and in 1924, the Reichsmark became the official money. In 1914, the Gold standard was abolished; there was the First World War. The period when it was used was marked by a high inflation rate.
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Oct 14, 2021 · The Papiermark was also used in the Free City of Danzig until replaced by the Danzig Gulden in late 1923. Several coins and emergency issues in Papiermark were issued by the free city. Coins A 5-million-ℳ coin would have been worth US$714.29 in January 1923, but only about 1 thousandth of one cent by October 1923.
Apr 9, 2024 · This Weimar-era banknote represents the 1st denomination of the 4th Issue Papiermark (Paper Mark). or Paper Mark. Formally known as either the “Republic Treasury Notes” or the “Weimar Republic Reichsbanknote”. Papiermark were first issued on 4 August 1914 and have their origin in World War I (1914-1918) Imperial Germany (Kaiserreich, 1871–1918). This particular note was first issued ...
The Papiermark (German: [paˈpiːɐ̯ˌmaʁk]; lit. 'paper mark', officially just Mark, sign: ℳ) was the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923.
Oct 31, 2020 · This Weimar-era banknote represents the 6th denomination of the 5th Issue “Papiermark”, or Paper Mark. Formally known as either the “Republic Treasury Notes” or the “Weimar Republic Reichsbanknote”. Papiermark were first issued on 4 August 1914 and have their origin in World War I (1914-1918) Imperial Germany (Kaiserreich, 1871–1918). This particular note was first issued on the ...
