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RE: Collection of my memory and World War II banknotes

in Hive Collectors • 10 months ago

100.000.000.000.000 (Kölner) Mark
Bild der 45. Woche - 5. bis 11. November 2012

The city of Cologne had its own currency: Cologne marks
Hyperinflation 1923
https://museenkoeln.de/portal/bild-der-woche.aspx?bdw=2012_45
image.png

10 months ago in Hive Collectors by
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         10 months ago 

        A banknote just for the city? No matter how big Cologne is, it's not that big... Ehat motive did they have? I have to read it 🙂

        We have had hyperinflation in recent history. 1992 and 1993. That will be the subject of my next Hive Collectors post.

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               10 months ago 

              This is/was the backside:
              image.png

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                     10 months ago 

                    The special thing about this crisis was that municipalities (and also companies) were given permission to print their own money because the Reichsbank could no longer keep up with the pressure.

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