1923 German Emergency Inflation 100,000 Mark Note

I have a few of these notes mainly in good to fair condition.
Reichsbank note, valued at 100,000 marks, distributed in Germany from February to November 1923. The front medallion depicts German artwork, Portrait of the Merchant Georg Gisze, created in 1532, by Hans Holbein der Jüngere. German efforts to finance World War I sent the nation into debt. Following their defeat, the Treaty of Versailles obligated Germany to pay reparations, which increased the nation’s financial struggles. The German government attempted to solve this problem by printing more money, which led to severe inflation. The inflation grew to critical levels between 1922 and1923, when the exchange rate of the mark to the United States dollar went from 2,000 marks per dollar to well over a million in a matter of months. The government printed higher and higher denominations, but were unable to keep up with the plunging rates. Germans began using the worthless bills as kindling, wallpaper, and children’s crafts.

Code: 28341