This is the 1,000 mark banknote issued by Germany in 1910. On the back of the banknote are the gods of agriculture and navigation, and in the middle is the national emblem of Germany at that time. The value of a new item is about 120 yuan, and the value of an ordinary item is about 20-30 yuan. The banknotes in the picture are in average condition.
The 1,000 mark banknote in the picture has gone from gold to waste paper: when the banknote was first issued, the value of the German mark was still very high. It was known as the "Golden Mark". The banknote with the largest denomination during the German Empire was 1,000 marks (the one in the picture), according to German regulations, 1 mark is equivalent to 3.58 grams of gold, and 1,000 marks is equivalent to 3.58 kilograms of gold. But when World War I broke out, the war forced Germany to use all its money printing machines. Germany frantically printed banknotes to meet the needs of the war. At this time, the German mark began to depreciate. After the end of World War I, Germany had to bear huge war compensation every year, which made the already economically collapsed Germany even worse. It had to print banknotes even more frantically. From January 1919 to December 1923, Germany's price index rose from 262 to 126160000000000, an increase of 481.5 billion times, which is called "the most classic inflation." In 1923, 1 pound was worth 1.8 trillion marks. Because of this, its price in the collection market is not high.