Danzig Hyperinflation Banknotes

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500,000,000 Mark 1923

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5 Milliard (5,000,000,000) Mark 1923

Scan courtesy of Lyn Knight

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The free city of Danzig was hit by the same hyperinflation fever that was rampaging in neighboring Germany in 1923. Before 1923, the highest denomination was 1,000 Mark. But by late 1923, the highest denomination reached 10 Milliard (10,000,000,000) Mark.

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