Bank.notes

Collection Germany #216

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2000000 Papiermark

Germany 1923 1900_1945 F P-P-89a Needs review ✦ AI 88%
crop_uncertain_backcrop_uncertain_frontcroppedlow_lightpartial_note
Front · IMG_6481.jpeg uncertain
Back · IMG_6482.jpeg uncertain
Pair check: ! check failed checked 2026-05-09T09:55:44.972768
Identity

Where & when

Country Germany
Currency Papiermark
Denomination 2000000
Series name Hyperinflation series
Series year 1923
Issue year 1923
Era 1900_1945
Legal status demonetized
Predecessor currency Goldmark
Successor currency Rentenmark
Subjects & design

What's on the note

Front portrait
Reverse subject Allegorical female figure (Germania)
Watermark
Color palette #8b7355,#d4a574,#3d3021
Themes commemorative,mythology
Language / script Latin

Front: Reichsbanknote 2 Millionen Mark (2,000,000 Mark) from the Weimar Republic hyperinflation period. The note bears the inscription 'REICHSBANKNOTE' at top and '2 MILLIONEN MARK' at bottom, with elaborate guilloche patterns and ornamental rosettes on both sides. The central oval contains the denomination '2000000' in ornate numerals. This note represents the catastrophic hyperinflation of 1923, when the German mark became virtually worthless due to war reparations and economic crisis.

Back: Allegorical female figure representing Germania in profile, appearing in ornamental frames on both left and right sides of the reverse. The note is dated 'Berlin, Den 23. Juli 1923' and bears the text 'ZAHLT DIE REICHSBANKHAUPT-KASSE IN BERLIN GEGEN DIESE BANKNOTE DEM EINLIEFERER' (The Reichsbank main office in Berlin pays the bearer against this banknote). Circular seals marked 'RBD' (Reichsbankdirektorium) appear in the corners, with signatures of the Reichsbank directors below. The suffix 'E Va' indicates the validation series.

Production

How it was made

Issuer Reichsbank
Issuer (native)
Printer Reichsdruckerei
Engraver
Material paper
Dimensions (mm) 105x60

Signatures: Reichsbankdirektorium: illegible signatures

Security features: intaglio,microprint

Geography

Germany in Europe

Germany in Europe. Other countries on the same continent shown in muted grey.

The story

Background & history

This 2 million Mark note from July 23, 1923, is part of the Weimar Republic hyperinflation series, one of history's most extreme monetary crises. By mid-1923, the German Papiermark had collapsed due to excessive money printing to pay WWI reparations and finance government deficits. Denominations reached into the billions and trillions before the currency was replaced by the Rentenmark in November 1923 at an exchange rate of 1 Rentenmark = 1 trillion Papiermark. These hyperinflation notes are widely collected as historical artifacts documenting economic collapse. The Reichsbank issued notes of increasing denominations throughout 1923, making previously unimaginable values commonplace.

Catalogue

Collector references

Pick # P-89a
Krause ID
Rarity tier common
Series range 1923-1923
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade F
Serial number 629739

Heavily circulated with tears, edge damage, staining, and overall deterioration consistent with age and the chaotic monetary conditions of 1923 hyperinflation.

Valuation

What it's worth now

$3–$10
Type default range $3–$10
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-08 17:20:22 3.0 10.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (4)
research:anthropic · claude-sonnet-4-5 2026-05-09 09:38:19
status: error · step 10
research:openai · gpt-4o 2026-05-09 00:21:08
status: ok · step 10 · $0.0252 · 5773↓ + 1072↑ tokens
anthropic · claude-opus-4-5 2026-05-08 17:20:22
status: ok · step 2 · $0.1850 · 6333↓ + 1200↑ tokens
anthropic · claude-sonnet-4-5 2026-05-08 17:20:22
status: ok · step 1 · $0.0381 · 6333↓ + 1275↑ tokens
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