Germany: 1923 Inflation medal set
History By George
Germany: 1923 Inflation medal set
$150.00

3 medal set commemorating the 1923 hyperinflation entitled "The German People's Suffering".  Text shows that on November 1st 1923 a pound of bread cost 3 billion marks.  By November 15th it was 80 Billion marks.  By December 1st bread cost 260 Billion Marks.a pound..  Shortly after this the Reichmark was replaced by the Rentenmark at a rate of something like 1 billion old marks to 1 new Rentenmark.  In original box with partial cover.

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Germany: 1923 Inflation medal set

3 medal set commemorating the 1923 hyperinflation entitled "The German People's Suffering".  Text shows that on November 1st 1923 a pound of bread cost 3 billion marks.  By November 15th it was 80 Billion marks.  By December 1st bread cost 260 Billion Marks.a pound..  Shortly after this the Reichmark was replaced by the Rentenmark at a rate of something like 1 billion old marks to 1 new Rentenmark.  In original box with partial cover.


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