John R. writes: Could you please tell me the estimated value of a 1910 German 1000 mark note? I am from South Afrika and am struggling to get a decent answer – Thanks. JR
There are 4 German 1000 mark notes series dated 21.4.1910. The red serial # number and seal comes with 6 and 7 digit serial numbers. The former was printed until 1916 and is the more valuable of this group. The later issue of the 1910 series notes have a green seal and serial numbers. This group was printed between 1918 to 1922. Again the six digit serial number variety is the more valuable.
These notes were was the note of choice for hoarding during the WW I years. Prior to WW I, the foreign exchange conversion value was approximately US$250. It became worthless during the great inflation that followed the economic collapse in Germany in 1922-23. At that time, one trillion German marks equaled one U.S. dollar. This note is so common that only uncirculated (new) notes from either group with 6 digit serial numbers have any collector value. Approximate value in crisp uncirculated condition, approximately US $25. Circulated examples bring US 10 cents or so.