by German Bond , Weimar Republic
Beautifully engraved uncancelld certificate from the German Reich issued in 1922. This historic document has an ornate border around it with a vignette of the Reich's eagle. This item has the printed signatures of various officials 5,000 Anleihe des Deutschen 1922 German Reich Mark Treasury Bond. This 1922 bond dates during the start of the extreme hyperinflation of German currency that made it crash in 1923, and The problem was that by the time you could cash the first one they weren't worth the paper they were printed on.The strategy that Germany had been using to pay war reparations was the mass printing of bank notes to buy foreign currency, which was then used to pay reparations, but this strategy greatly exacerbated the inflation of the paper mark. Since the mark was, by fall of 1922, practically worthless, these bond were used literally to heat the fireplace by holders during the hyperinflation episode in the Weimar Republic. (Inventory #: 16785)
(818) 224-4555
