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1917-1918 Germany (WWI Era) 20 Marks Banknote P# 57 Grades f+

Currency:USD Category:Coins & Paper Money Start Price:5.00 USD Estimated At:25.00 - 100.00 USD
1917-1918 Germany (WWI Era) 20 Marks Banknote P# 57 Grades f+
1917-1918 Germany (WWI Era) 20 Marks Banknote P# 57 Grades f+. In August 1914, Directly after the onset of WW1, the German Empire removed the gold backing of the mark and issued new currency. After the fall of the German Empire in 1918, the newly formed German Weimar Republic issued another new currency, known derisively as the "Paper Mark", which faced massive hyperinflation.