WORLD PAPER MONEY
BY COUNTRY A to H
CAUCASIAN LEOPARD ON 2024
ABKHAZIA BANKNOTE

A
bkhazia is the northwestern portion of Georgia. With Russian military
support it declared independence 2008. Its independence is
only recognized by Russia and a four of its allies. This
colorful orange 2024 10 Aspers banknote from Abkhazia features a
Caucasian Leopard and its pawprint on the front. The back
includes an ancient bronze axe and a QR code. The note
includes a watermark of a Caucasian Leopard and images only visible
under ultra-violet light.
Item
PM-ABKH-10A ABHKAZIA 10 ASPERS BANKNOTE 2024 P3 UNC.
$7.00
AFGHANISTAN
10,000
AFGHANI BANKNOTE
The
10,000 Afghani was the highest denomination ever issued by
Afghanistan. It was needed due to severe inflation due to the
Afghan civil war, in which various warlords and the Taliban were
fighting for control of the country. Starting in 1993,
various warlords claiming to represent the Afghan government contracted
with banknote printers in Russia and the United Kingdom to print the
notes. Of course, this only made inflation worse.
In 1996 Taliban declared them worthless, however they continued to
circulate in many areas of the nation until the notes were replaced in
2002 with new banknote
s
after the American invasion
of Afghanistan. The front features the Friday Mosque in Herat (Masjid-i
Jami') and the seal of the Afghanistan Bank which an image of
an ancient Greco-Bactrian Tetradrachm minted circa 171-179BC and two
cornucopias spilling out coins. The back depicts the 11th
century Qala-e-Bost Gateway. It is a beautiful banknote
issued during a troubled time in a troubled nation.
Item
PM-AF-10000A AFGHANISTAN 10,000 AFGHANI
BANKNOTE 1993
P63b UNC.
$4.50
BANKNOTE OF
UPPER
AUSTRIA

After the collapse and dismemberment of the Austro-Hungarian Empire
following its defeat in World War I, coins disappeared from
circulation. The state of Upper Austria issued small, low
denomination
notes to help alleviate the coin shortage. One side of the
orange 50 Heller note features the arms of Upper
Austria. The other side is blank.
Both notes are dated 1921 and were issued in
Linz, the capital of Upper Austria.
Item
PM-UPAT-50
UPPER AUSTRIA 50 HELLER 1921 PS121 UNC. $3.00
BLUEBIRD
ON BEAUTIFUL BERMUDA BILL
The Bermuda 2 Dollar note features a colorful Eastern Bluebird
surrounded by red frangipani flowers on the front. Sailboats
and a butterfly are above the bird and a stature of Queen Elizabeth II
is beneath the bird. The back includes the Royal Navy
Dockyard Clock Tower and the statue of Neptune at the Bermuda Maritime
Museum. A thick Optiks security thread featuring a
map of Bermuda runs through the note. The attractive vertical
note is dated 2009 and measures 136 x 69mm.
Item
PM-BM-2D
BERMUDA 2 DOLLAR BANKNOTE 2009 P57 UNC. $9.75
SCARCE
BANKNOTE FROM SHORT-LIVED
BIAFRA
After years of persecution by the Muslim majority who controlled
Nigeria, the oil-rich and heavily Christian south-eastern portion of
the country declared itself the independent Republic of Biafra in May,
1967. The independence was to be short-lived however. After over two
years of bloody civil war, in which as many as two million people died,
Biafra was forced to surrender to Nigeria in January of 1970.
In 1968 Biafra contracted to have banknotes
printed by Casa de Moeda in Portugal. The undated 1 Pound
note is
green and features a small palm tree on the front and the Biafran arms
on the back.
Item
PM-BIA-1P BIAFRA 1 POUND NOTE
(1968-69) P5a UNC.
$3.00
Item
PM-BIA-1Px10 10 of the above BIAFRA 1 POUND
NOTE
(1968-69)P5a UNC.
$15.00
HAMMER &
SICKLE
BANKNOTES FROM BULGARIA
Following World War II Bulgaria became one the most loyal
and closely allied satellite states of the Soviet Union. In
1952 Bulgaria did a major currency reform, doing a 100 to 1 revaluation
of the Lev and releasing new banknotes and coins, which were all dated
1951. The 3 and 5 Leva notes featured the Soviet hammer and
sickle on one side of the note, and the Bulgarian coat of arms on the
other. Both notes have a watermark the includes the hammer
and sickle and initials of the Bulgarian National Bank. The
notes were printed in Russia.
Item
PM-BG-SET2 BULGARIA 3 & 5 LEVA
NOTES,
1951, P81 & P82 UNC.
$5.00
Also see:
FIRST COINS OF
COMMUNIST BULGARIA : 7
COIN SET 1 - 50 STOTINIKI, 1951-59
CANADIAN
"DEVIL'S FACE" BANKNOTES
Canada introduced a new series of banknotes in 1954 depicting Queen
Elizabeth. Her portrait was based on a photograph taken in
1951. Sometime after the notes were released, some people
with imaginative eyes reported seeing a "devil's face" behind the
Queen's ear in her hair. They saw two bushy eyebrows, a hooked nose,
and a pointy chin, likening it to the Devil. Newspapers
picked up the story and conspiracy theories spread about foreign or
occult influences infiltrating the government. In reality it
was an unfortunately coincidence caused by a faithful rendition from
the original photograph. But once the devil was seen on the
notes, it was hard for many to unsee it. By 1957
the new plates were re-engraved, darkening the area of the Queen's hair
where the "devil" was located, thus exorcising the devil from Canadian
banknotes.
Item
PM-CA-$1DEVIL
CANADA 1 DOLLAR DEVIL'S FACE NOTE, P66 VF $20.00
Item
PM-CA-$2DEVIL
CANADA 2 DOLLARS DEVIL'S FACE NOTE, P67 VF $39.00
Also see:
THE
FAMOUS GERMAN "VAMPIRE NOTE" 10,000 MARK 1922
MULTI-LINGUAL NOTE OF
CHINA FEATURES
POTALA
PALACE IN TIBET
Mao Zedong is featured on the front of this 2005 dated 50 Yuan note
from China. The 170 x 50m note also includes a watermark of
Mao. The back depicts the Potala Palace in Lhasa in
Tibet. It
was the winter palace of the Dalai Lamas and the seat of the Tibet
government from 1649 to 1959. It has been a museum since then and is a
World Heritage Site. The 13-story building contains over 1000
rooms, 10,000 shrines and about 200,000 statues. Also on the
back is the denomination written out in Mandarin Pinyin, Mongol,
Tibetan, Uighur and Zhuang as well as English.
Item
PM-CN-50Y CHINA 50 YUAN NOTE 2005 P906 UNC. $15.00
CHINA 2025 YEAR
OF THE SNAKE
COIN AND BANKNOTE


China
released a 2025
dated bi-metallic 10 Yuan coin and a colorful 2024 20 Yuan polymer
banknote to commemorate the Year of the Snake. The 27mm coin
depicts a
traditional artistic paper cutting of a snake, a palace lantern, and
plants the reverse. The denomination surrounded by an
intricate etched
design is on the obverse. The large number 10 contains latent images,
which change from Western to Chinese characters as the coin is
moved.
The 20 Yuan note features a stylized snake, the denomination in SPARK
optical and a clear window on the front. The back features
three
children hanging a Spring Festival banner in front of Shanxi residents
and legends in Chinese, Mongolian, Tibetan, Uyghur and Zhang.
Item
CN-SNAKE25 CHINA 10 YUAN 2025 YEAR OF THE
SNAKE COIN, BU
$8.00
Item
PM-CN-20Y-SNAKE CHINA 20 YUAN 2025 YEAR OF
THE SNAKE BANKNOTE, UNC.
$16.00
ALSO SEE:
AUSTRALIA 2025 YEAR OF THE SNAKE SILVER DOLLAR
MUSEUM OF GOLD
ON
COLOMBIA 20 GOLD PESOS NOTE
The back of this Colombia 1983 20 Pesos Oro (Gold Pesos) note
depicts golden objects from the Museum of Gold in Bogata. The
museum houses the world's largest collection of pre-Colombian gold
relics. The front depicts Francisco José de Caldas, a
Colombian
lawyer, scientist, military engineer and inventor who was killed by the
Spanish in 1816 during Colombia's war for independence. Though the note
is denominated in Gold Pesos, the note was not was not backed by gold
and within a few years was virtually worthless. The note measures
140x70mm.
Item
PM-CO-20P COLOMBIA 20 PESOS NOTE 1983 P409d
UNC. $3.50
CONFEDERATE
STATES OF AMERICA
$10 NOTE
This Confederate 10 Dollar note dated February 17, 1864 were part of
the seventh and final series of notes issued by the Confederate States
of America during the American Civil War. According to the
legend they were "Payable two years after the ratification of a peace
treaty between the Confederate States and the United States of
America". With the defeat of the Confederacy in 1865 they
were never paid. The 10 Dollar note depicts horsemen pulling
a large cannon, with fighting going on in the background.
Also pictured is Robert M.T. Hunter who served as the Confederate
Secretary of State and later as a Confederate Senator. The
back features the denomination in words and numerals. It is
approximately 7" x 3" (180 x 80mm). The notes are hand signed and hand
numbered.
Item
PM-CSA-10D CONFEDERATE STATES OF AMERICA 10
DOLLARS 1864 P68 XF-AU
$70.00
FIRST BANKNOTES NAZI GERMAN
OCCUPIED CROATIA
On April 6, 1941 Axis Forces under Nazi Germany invaded
Yugoslavia. They promptly conquered and divided the nation
along ethnic lines, creating the puppet governments for Croatia and
Serbia. Other parts of Yugoslavia were divided
between Italy, Bulgaria, Germany, Hungary and their client
regimes. Croatia was nominally ruled by an Italian
prince who never set foot in the country. Serbia directly
controlled by the German military. Yugoslavia was
reunited after World War II under communist rule. Ironically,
after the collapse of communism in 1991, it again broke-up along ethnic
lines.
From Croatia we have the first
notes issued by the Nazi puppet state, the 100 and 500 Kuna dated May
26, 1941, just seven weeks after the invasion. The 100 Kuna
features the Croatian coat of arms and is 150 x 80mm. The 500
Kuna three sheaves of wheat and is 160 x 84mm. The notes were
printed in Germany Giesecke & Devrient, a private company which
is still a major banknote printer.
Item
PM-HR-100K NAZI CROATIA 100 KUNA NOTE 1941
P2 F-VF
$10.00
Item
PM-HR-500K NAZI CROATIA 500 KUNA NOTE 1941
P3 F-VF
$10.00
SERBIAN
KRAJINA &
CROATIA AT WAR
With the collapse of Yugoslavia, the Serbian portions of
Croatia declared independence from Croatia, even before Croatia
declared itself independent from Yugoslavia. The Serbs
formed the Republic of Serbian Krajina and had their capital at
Knin. A brutal war broke out, and both Croatia (Republika
Hrvatska) and Serbian Krajina suffered from severe inflation as
they tried to finance themselves by printing money.
Krajina was defeated in 1995 and reincorporated into
Croatia. From Serbian Kranina we have the
5,000,000 Dinara note dated 1993. The note features
the Knin fortress on a hill on
one side, and the
Serbian arms on the other. The Croatian 50,000 Dinara and
100,000 Dinara are dated 1993. Both feature Croatian
astronomer, physicist, mathematician, and philosopher Roger
Joseph Boscovich. Boscovich is famous for his atomic
theory. In 1753 he discovered the absence of atmosphere
on the Moon. The reverse of the notes have the Statue
of
"Glagolica Mother Croatia", a marble statue created in 1932 by artist
Ivan Mestrovic. The sculpture is of a mother holding on her
lap a stone tablet with “History of Croatians” engraved in the old
Croatian script. The original sculpture has been in a
"temporary exhibition" in Belgrade, Serbia since 1934.
Serbia has refused to return the statue to Croatia.
A bronze copy is at Zagreb University in Croatia
Item
PM-KRAJ-5M SERBIAN
KRAJINA 5 MILLION DINARA NOTE 1993 PR24 UNC $3.00
Item PM-HR-SET2 CROATIA
50,000 & 100,000 DINARA NOTES 1993 P26 & 27 UNC.
$4.00
CUBA’S
CRAZY CURRENCY SYSTEM

In
1985 Cuba introduced a complicated foreign exchange system, with
special foreign exchange certificates that could be used to purchase
"luxury" items (meaning almost everything other than rice and beans)
that were not available to most Cubans who were paid in regular Cuban
Pesos. Four different types of certificates were
issued. The fronts of the notes all had similar designs, with
the emblem of the National Bank of Cuba at the left, the denomination
at the center and the type of currency (A,B,C or D) at the
right. The "A" Pesos are red and were for visitors from
communist block nations and had an exchange rate of 1 Peso = .9 Rubles.
Historic Cuban fortresses were on the backs. The "B" Pesos
are green and were for visitors from nations with free market
currencies. They had an exchange rate of 1 Peso = 1 United States
Dollar. They had the same reverse designs as the "A" series.
The blue "C" series were for Cubans with access to U.S. dollars, Cubans
selling precious metals to the government, certain officials and
foreign nationals living in Cuba. They had an exchange rate
of 1 Peso = 1 U.S. Dollar. The back has blank lines for the signature
of the payee and the date of issue. They could not be
transferred or exchanged back into dollars and expired after five
years. The light brown "D" series were for foreign students who were
allowed foreign exchange at the rate of 1 Peso = 1 U.S.
Dollar. Like the "C" series the back has lines for the
signature of the payee, and date of issue and they could not be
transferred or exchanged and expired after five years. As
might be expected the cumbersome system lent itself to graft.
In 1993 the U.S. Dollar was made legal tender and in 1994 the system
was abandoned and a new system based on the Cuban Convertible Peso was
introduced.
Item PM-CU-SET4 SET
OF 4 CUBA 1 PESO FX NOTES: SERIES A,B,C & D UNC.
$8.00
Item PM-CU-SET10 10
DIFFERENT CUBA FX NOTES, 5 TO 100 PESOS, SERIES A,B,C & D UNC.
$22.00
NEW CARIBBEAN GULDEN NOTES
After many years of delays, the Central Bank of Curacao and Sint
Maarten has finally released its first banknotes. The bank is
the successor to the Bank of the Netherlands Antilles. The
fronts of the new notes feature vibrant sea life, while the backs
depicts important landmarks on both countries. The notes
include many advanced security features, including 3D moving stripes,
optically variable ink, watermark and a windowed security thread. The
notes were printed by Crane Currency. The
10 Gulden features an Angelfish (
Pomacanthus arcuatus) on
the front and the Klein Curacao
lighthouse on the back. The 20 Gulden has two Spotted eagle
rays
(Aetobatus narinari ) on the front. The back depicts a
Pelican in
flight with Simpson Bay Lagoon and Princess Juliana International
Airport in Sint Maarten in the background. The airport is
famous for
its landing pattern which takes jets low over the beachgoers on Maho
Beach.
We expect to have the coins soon. Contact us if
interested.
Item
PM-CUR-10G CURACAO & SINT MAARTEN 10
GULDEN NOTE, 2025 UNC.
$14.00
Item
PM-CUR-20G CURACAO & SINT MAARTEN 20
GULDEN NOTE 2025 UNC.
$22.00
MAGNIFICENT 1910
IMPERIAL
GERMAN BATTLESHIP BANKNOTE 
This beautiful, large, old
1910 German 100 Mark pictures a seated figure of Germania holding a
sword and shield under an oak tree. In the background three
battle ships steam by. At her feet are symbols of industry,
farming and commerce. The front features the heads of Mercury
and Ceres and the German imperial crown. The over-sized note
is 207mm x 102 mm (8.25” x 4”) and includes a watermark of German
Emperor Wilhelm I. It is an impressive old note at a moderate
price.
Item
PM-DE-100M-10 GERMANY 100 MARK 1910
BATTLESHIP BANKNOTE P42 VG-FINE
$7.00
GERMAN EMPIRE
COIN
& CURRENCY SETS
In 1871 Otto Von Bismarck united the 26 independent German States
under Prussian King Wilhelm I, forming the Second Reich, also known as
the German Empire. During its 47 years of existence, the German Empire
became the industrial, technological, and scientific giant of Europe
and the world's third largest economy. It created a colonial
empire and possessed the world strongest army. The Empire
disintegrated as a result of Germany's defeat in World War I.
This
six-coin set includes the silver 1 Mark, which was minted from 1873
until 1916; the silver 1/2 Mark, minted from 1905 to 1919; the
copper-nickel 5 and 10 Pfennig and the copper 1 and 2 Pfennig, which
were minted from 1874 to 1916. All six coins feature the
Imperial
German Eagle on the reverse and the denomination on the
obverse. The
coins grade Fine or Extra
Fine.
The set of 3 banknotes consist of the 20 Mark, 100 Mark and 1000 Mark
notes dated between 1908 and 1914. The blue 20 Mark featured a crowned
imperial German Eagle at the upper right and measures
136x90mm.
The blue 100 Mark includes a large crowned imperial German Eagle on the
front. The back features two women holding a large medallion
depicting a woman's head. The large note measures 160 x105mm (6.3" x
4.1"). The brown 1000 Mark note features two allegorical women
representing seafaring and agriculture flanking the imperial German
arms. The over-sized note is 187mm x 110mm (7.3” x 4.3”). It is printed
on special ridged hemp paper containing blue silk threads.
When
first issued the three notes could be redeemed for over 12 ounces of
gold on demand! After the start of World War I
Germany
halted the redemption of banknotes for gold - but kept on printing
banknotes. By 1922 the notes were virtually worthless due to
inflation. It is an impressive and historic currency set.
Item
DE-EMP-SET6 GERMAN EMPIRE 6 COIN SET 1
PFENNIG - 1 MARK 1874-1918 F-XF
$22.00
Item
PM-DE-SET3 GERMAN EMPIRE 20, 100
& 1000 MARK BANKNOTES 1908-1914 F-VF
$6.00
Item
PM-DE-SET3x10 10 OF THE ABOVE GERMAN
EMPIRE 3 NOTE SETS
$39.00
Item
PM-DE-SET3x100 100 OF THE ABOVE
GERMAN
EMPIRE 3 NOTE SETS
$195.00
EMERGENCY WORLD WAR
I 50 PFENNIG NOTE OF KIEL, GERMANY

Kiel
is an important seaport located at the mouth of the Kiel Canal
which connects the Baltic Sea to the North Sea. It was also a
major base for the German Imperial Navy. By the
beginning of 1918 the war effort was not going well for
Germany. Though the German government continued to mint
silver 1/2 Mark coins, they were hoarded almost as soon as they were
minted, resulting in a serious coin shortage. To
help alleviate the shortage and allow merchants and citizens to carry
on commercial transactions the city of Kiel issued this emergency 50
Pfennig note dated January 1, 1918. The front features the denomination
and date in words and has a green under-printing depicting ships on the
ocean. The back features the Kiel city hall.
Item
PM-KIEL-50P KIEL, GERMANY 50 PFENNIG NOTE,
JANUARY 1, 1918
UNC.
$3.00
Item
PM-KIEL-50Px5 5 of the above KIEL, GERMANY 50
PFENNIG NOTE,
JANUARY 1, 1918
UNC.
$9.95
LAST BANKNOTE OF
THE
GERMAN EMPIRE

This attractive 50 Mark note is the
last note of the German Empire. It
is dated June 23, 1919, some seven months after Germany's defeat in
World War I and less than 7 weeks before the signing of the new
constitution in Weimar which formally ended the German Empire and
ushered in the weak and chaotic Weimar Republic. The large, green note
measures 153x102mm and features an allegorical figure of a woman
against a starry background.
Item
PM-DE-50M-19 GERMANY 50 MARK NOTE 1919
P66 Fine $3.00
HIGH-GRADE WEIMAR
GERMAN BANKNOTE
These 1 and 2 Mark notes dated March 1, 1920 were some of the first
notes issued by Germany's Weimar government after World War I. They
were needed to help relieve the serious coin shortage that developed in
Germany during and after World War I. The notes were
technically were not legal tender but a non-interest-bearing loan to
the government. that did not stop people from accepting them as the low
denomination notes were needed to purchase essential goods.
When first issued the 1 Mark note could buy about a pound of flour or
half a
dozen eggs. The notes include an embossed seal and are
printed on watermarked paper. They are quite reasonably priced for
historic high-grade notes that are a century old.
Item
PM-DE-1+2M GERMANY 1 & 2 MARK NOTES
1920 P58 & P59& UNC.
$5.00
SCHLESWIG
PLEBISCITE NOTE FROM
FLENSBURG

After
World War I, control of the Schleswig-Holstein region was disputed
between Denmark and Germany. Historically, control of various
portions of the region had alternated between Denmark and Germany over
the centuries. It was decided to hold two plebiscites and let
the inhabitants of the regions decide which country they wished to
join. The first plebiscite held in the northern portion
elected to become part of Denmark. The southern portion elected to join
Germany. The town of Flensburg is at the northern end of the
southern portion and a vast majority of its population was of German
ancestry. Shortly after the plebiscite, Flensburg issued this
25 Pfennig note showing the Danes having lost a tug-of-war with the
Germans and the Germans welcoming them. The date of the
plebiscite, March 14, 1920 appears above the Danes. The
reverse consists of text. It is an unusual note reflecting a
vote.
Item
PM-FLENS-25PF FLENSBURG 25 PFENNIG
NOTE 1920 UNC. $4.00
LOW
AND HIGH DENOMINATION GERMAN MUNICIPAL NOTES
Germany’s hyperinflation is clearly demonstrated in these municipal
emergency banknotes. The low denomination notes issued around
the end of World War I were needed because of a shortage of small
change. The second issue, done just a few years later in 1923 was
needed because inflation was so bad that cities printed their own money
to pay their workers. From the City of Frankfurt is a 25
Pfennig dated November 1, 1919. It would buy about 1 loaf of
bread. A view of the city is on the back. The
Frankfurt 100 million Mark note is dated September 28, 1923.
It would buy about 2 loaves of bread. The back of the note
depicts the Imperial Cathedral of Saint Bartholomew on the left and St.
Paul’s Church on the right. Both were severely damaged in
World War II. From the City of Marburg is a 50 Pfennig note
dated between 1918 and 1921, shortly before the end of World War
I. It
depicts the Town Hall and St. George’s Column (now a fountain) on the
front and the city emblem on the back. The Marburg 20 Milliarden Mark
(20 Billion Mark) note is dated October 27, 1923. It pictures
St. Elizabeth’s Church and a monument on the front and is blank on the
back. They are fascinating historical symbols of Germany’s
hyperinflation.
Item
PM-FRANK-25PF FRANKFURT, GERMANY 25 PFENNIG
NOTE 1919/1920 XF $3.00
Item
PM-FRANK100MM FRANKFURT, GERMANY 100 MILLION
MARK NOTE 1923 VF-XF out
Item
PM-MARB-50PF MARBURG, GERMANY 50 PFENIG NOTE
1918-1921 AU-UNC $3.00
Item
PM-MARB-20BM MARBURG, GERMANY 20 MILLARDEN
(BILLION) MARK 1923 VF $8.00
ST.
MARTIN'S EVE FEAST
NOTE FROM NORDHAUSEN

St.
Martin's Day, also called Old Halloween, takes place November
11. It marked the end of the harvest season and beginning of
winter. In Germany it was celebrated with feasting, bonfires,
processions and small gifts for children. The back of this 1921 dated
25 Pfennig note from the German city of Nordhausen depicts three men
drinking and feasting on a traditional St. Martin's Goose along with
two St. Martin candles, a cooked goose and fish on platters. Below is a
poem which roughly translates as "With a sip of Korn (a strong liquor
produced in Nordhausen), A slice of meat, That’s the way the Nordhauser
people celebrate with a St. Martin's goose feast". The front
of the note features the Nordhausen coat of arms. The
colorful note is 84x55mm.
Item
PM-NORHAUSEN NORDHAUSEN, GERMANY 25 PFNNIG
NOTE 1921 UNC. $3.00
ATTRACTIVE
AND COLORFUL GERMAN NOTGELD NOTES
These attractive, colorful small (most less than 4 inches - 90cm long)
were issued by communities throughout Germany during and after World
War I. They quickly became a popular with collectors and by
1921 many
thousand different types were produced. They have a wide
variety of
themes, including fairy tales, local history, monuments, and political
satire. Every lot is different, however there may be
duplication between lots. They are a fun and fascinating
collectible and
remarkably inexpensive considering they are over 100 years old!
Item
PM-DE-NOTx10 10 DIFFERENT
GERMAN NOTGELD NOTE UNC. $10.00
Item
PM-DE-NOTx25 25
DIFFERENT GERMAN NOTGELD
NOTES, UNC. $22.50
Item
PM-DE-NOTx100 100
DIFFERENT GERMAN NOTGELD
NOTES, MOST UNC.
$89.50
Item
PM-DE-NOTx200 200 MOSTLY
DIFFERENT GERMAN NOTGELD
NOTES, MOST UNC.
$179.00
GERMAN WEIMAR
REPUBLIC
100 MARK BANKNOTE

The Weimar Republic was formed after
the defeat of the German Empire in
World War I. Its early years were a tumultuous period of
uprisings, riots and massive inflation. It is named after the
city where the new German constitution was written and adopted in
August, 1919, and lasted until the rise of the Nazis in
1933. The 100 Mark note features two
images of the head of the “Bamberg Horseman”. The horseman is
an impressive 13th century sculpture in the Bamberg
Cathedral. The Bamberg
Horsman depicts a famous king, however which king it is is a matter of
debate. The note is dated November 1, 1920, measures
162x108mm and includes
the red Weimar Republic crest.
Item
PM-DE-100M-20-C GERMANY-WEIMAR 100 MARK NOTE,
1920 P69 Fine $3.00
Item
PM-DE-100M-20x10 10 OF THE ABOVE GERMAN 100
MARK NOTES, 1920 P69 VG-F $15.00
Item
PM-DE-100M-20x100 PACK OF 100 OF THE ABOVE
GERMAN 100
MARK NOTES, 1920 P69 VG-F $85.00
Item
PM-DE-100M-20-U GERMANY-WEIMAR 100 MARK NOTE,
1920
P69b AU-UNC. $10.00
EMERGENCY
BANKNOTE
FROM THE CITY OF GOTHA 
Reduced
size image
Because of the severe inflation that followed World War I, prices were
rising faster than the German government could print money.
Many towns and companies resorted to printing their own
currency. This 100 Mark note was issued by the City of Gotha,
Germany. It is dated September 30, 1922. It is a
simple, uniface note that pictures a bishop from the town’s
arms.
Item
PM-GOTHA GOTHA, GERMANY 100 MARK NOTE, 1922
VF $3.00
THE FAMOUS GERMAN
"VAMPIRE
NOTE"
This large ( 180 x 100mm - approx. 8” x 5”) 10,000 Mark note dated
January 19, 1922 is
often called the "Vampire Note" If you turn the note
sideways,
look carefully and have a good imagination you will see a vampire
on the neck of the German. The nose of the vampire is pointed
towards the neck of the man. This was an allusion to the
heavy reparations that Germany had to pay France following World War I.
It represented France sucking the lifeblood out of
Germany.
Item
PM-DE-VAMP-C
GERMANY 10,000 MARK "VAMPIRE NOTE" 1922 P72 VF $6.00
Item
PM-DE-VAMPx10
10 of the above GERMANY 10,000 MARK "VAMPIRE NOTE" 1922 P72 VF $39.00
Item
PM-DE-VAMPx100
100 of the above GERMANY 10,000 MARK "VAMPIRE NOTE" 1922 P72 VF $250.00
Also see:
CANADIAN "DEVIL'S FACE" BANKNOTES:
$1 & $2 1954 P66 & P67
POPULAR GERMAN
100,000 MARK
INFLATION NOTE
This 100,000 Mark note dated February 1, 1923 is one of the most
popular of the German inflation notes. The large (190 x
115mm) note features a cut from Hans Holbein the Younger's portrait
"The Merchant Georg Gisze". At the time the painting was done
in 1532 Georg Gisze was a prominent Hanseatic merchant who
managed his family's trading office in London. Some sources indicate
the portrait was done for his betrothed who lived in Danzig (Gdansk),
as they probably had never met. German painter Han Holbein
the Younger had a successful career in London, with commissions from
Sir Thomas More, Thomas Cromwell, Anne Boleyn and as a court painter of
Henry VIII. The painting is now in the Gemäldegalerie in
Berlin. The back of the brown, black and lilac note features
the denomination within guilloche patterns. It is an historic
note from the beginning of the German hyperinflationary
period. We have the note in both circulated and Uncirculated condition
Item
PM-DE-100,000M-C
GERMANY 100,000 MARK NOTE,
1923 P83 VF-XF $4.00
Item
PM-DE-100,000M-Cx10
10 of the above GERMANY 100,000 MARK NOTE,
1923 P83 VF-XF $25.00
Item
PM-DE-100,000M-Cx100
100 of the above GERMANY 100,000 MARK NOTE,
1923 P83 VF-XF
$150.00
Item
PM-DE-100,000M-U
GERMANY 100,000 MARK NOTE,
1923 P83 UNC.
$8.00
GERMAN
SET OF 9 GERMAN NOTES 1 MARK - 2 MILION MARK 1920-1923INFLATION ERA
NOTE SET

This
set of nine banknotes issued by the German government vividly
illustrates the 1920-1923 hyperinflation. This set includes
the 1 and 2 Mark dated March 1, 1920. The notes were needed because all
silver 1 Mark coins had disappeared from circulation. The
large-size (162 x 108mm) 100 Mark note is dated November 1, 1920 and
depicts the head of the Bamberg Horseman. It was worth about
$1.50 when first issued. Also included is the 500 Mark dated
July 7, 1922; 1000 Mark dated September 15, 1922; 5000 Mark
dated December 2, 1922 and 20,000 Mark dated February 20, 1923. The
magnificent, large 100,000 Mark is dated February 1, 1923, features a
cut from Hans Holbein the Younger's portrait "The Merchant Georg
Gisze". The last note in the collection is the 2 Million Mark
note dated August 9, 1923. It was worth less than a dollar
when introduced and would be virtually worthless in less than a month.
The notes grade Fine to Almost Uncirculated. It is an
impressive and historic collection showing what happens when government
spending gets out of control.
Item
PM-DE-SET9
SET OF 9 DIFFERENT GERMAN NOTES 1 MARK - 2 MILION MARK 1920-1923 F-AU $29.75
Item
PM-DE-LOT50
LOT OF OF 50 MIXED GERMAN NOTES 1 MARK - 50 MILION MARK 1908-1923 VG-AU
$69.75
GERMAN
NATIONAL
RAILWAY
CURRENCY

In
1923, Germany experienced what was then the world’s worst inflation.
Prices increased hourly and the government could not print currency
fast enough to meet the demand. In order to pay employees and
suppliers, the Deutsche Reichsbahn (the German National Railways)
printed its own currency. Unlike most of the corporate or
municipal issues of the period, the Railway notes were accepted
throughout most of Germany. In order to pay workers and suppliers notes
were issued from the company headquarters in Berlin as well as regional
railway offices throughout the country. It is interesting to see how
the denominations increased from week to week. In German
Milliarden is 1 Billion in English. Many notes are printed only on one
side. These sell out quickly, alternates appreciated.
NOTES ISSUED FROM
DEUTSCHE REICHBAHN BERLIN HEADQUARTERS:
Item
PM-DERB-1MM DEUTSCHE REICHSBAHN 1 MILLION
MARK, August 12, 1923 PS1011 VF-XF
$6.00
Item
PM-DERB-2MM DEUTSCHE REICHSBAHN 2 MILLION
MARK August 20, 1923 PS1012 XF
$6.00
NOTE ISSUED BY THE
FRANKFURT AM MAIN REGIONAL RAILWAY OFFICE
Item
PM-RD-FRANK-20MM FRANKFURT 20 MILLION MARK
Sept. 1 1923 PS1219 AU-UNC.
$13.00
GERMANY
LOCAL INFLATION NOTGELD NOTES 

By the summer of 1923 inflation roared totally out of control in
Germany. The federal government couldn't print money fast
enough, so municipalities and companies printed
their own money to pay workers and buy supplies. Of course, only
increased the money supply making inflation even worse. These notes are
known as inflation notgeld (emgergency money). In
most
cases the notes would only be accepted in the communities they were
issued, and then, sometimes only reluctantly. The notes
clearly
demonstrate what happens when governments print too much money to cover
their expenses.
We offer selections of this inflation notgeld. Most
are denominated between 100,000 Mark and 100
Milliarden (100 billion) Mark and most date between July and November
1923. Most are full sized notes. Some have
attractive designs, others have simple designs and are printed on one
side only reflecting the rush to produce the notes.
Every lot is different, though there may be some
duplication
between lots.
Item
PM-DE-INFLNOTx1 1
GERMAN 1923 INFLATION NOTGELD NOTE VF-XF $3.00
Item
PM-DE-INFLNOTx10 10 DIFFERENT 1923 GERMAN
INFLATION
NOTGELD NOTES VG-XF $29.95
Item
PM-DE-INFLNOTx30 30 DIFFERENT 1923 GERMAN
INFLATION
NOTGELD NOTES VG-XF $89.95
Item
PM-DE-INFLNOTx100 100 MOSTLY DIFFERENT 1923
GERMAN
INFLATION
NOTGELD NOTES VG-XF $295.00
RARE 1923 GERMAN
GOLD MARK NOTE
During Germany’s spiraling 1923 hyperinflation some organizations
issued bank notes denominated in both gold and the United
States Dollar (which was tied to gold at $20.67 per troy
ounce). Thhis note was issued by the Association of the
South German Textile Employers based in Hof in an attempt to pay their
workers a fair wage at a time when money quickly became virtually
worthless. It is denominated at 42 Pfennig-Gold = 1/10
Dollar. It is dated November 26, 1923, shortly
after German introduced the Rentenmark in an effort to bring inflation
under control and Germany was still in the midst of monetary
chaos.
Item
PM-DE-42PFG SOUTH GERMAN TEXTLE EMPLOYERS 42
PFENNIG-GOLD – 1/10
DOLLAR NOTE 1923 XF-AU
$8.00
CLICK
HERE to see our exhibit on the coins and notes of the German
Hyperinflation
NAZI GERMAN
CURRENCY
The following notes were used in Nazi Germany throughout World War II
and remained legal tender until 1948. The notes bear two
dates: the date the note was first authorized, and the date the issuing
bank was authorized to issue currency. The Reichsbank was first
authorized to issue cufrrency on August 20, 1924. Unlike
coins, the date is not
the year the note was printed. These Reichsbank notes were
supposedly backed by gold, but could not be redeemed for gold.
NAZI
GERMAN 20 REICHSMARK NOTE
FEATURES AUSTRIAN MAIDEN
In 1939 a new 20
Reichsmark note was introduced, with a design adopted
from an unissued Austrian note. Austria had been forcibly
incorporated into the Third Reich the previous year. The
front depicts a young woman holding edelweiss. There is also
a small eagle and swastika and a large swastika underprint.
The back pictures the Dachstein Glacier on Lake Gosausee in Austria.
To the left is a man holding an ax. To the right is
a man sowing
seeds. The watermark depicts the young maiden.
Item
PM-DE-NAZI20RMK-39U GERMANY 20 REICHSMARK NOTE
1939
P185 AU-UNC. $55.00
Reduced
size images
The
20 Reichsmark note
dated 1929 portrays Ernst Werner
Siemens, the 19th century
German industralist and inventor who founded the Siemens A.G. which has
expanded into a multi-national company producing a wide range products.
The back features
children holding tools and a worker carrying a
hammer. It has a watermark of Siemans at the left
and
an embosed seal near the lower left corner. The note
continued in circulation throughout World War II.
Item
PM-DE-NAZI20RMK-29C GERMANY 20 REICHSMARK NOTE
1929
P181 Fine-VF $3.00
NAZI
GERMAN 5
REICHSMARK
NOTE FEATURES HITLER YOUTH 
Nazi Germany introduced
this 5 Reichsmark note in 1942 to replace
the silver 5 Reichsmark coins which were discontinued in
1939.
The front of the note features a German young man, along with a small
eagle and swastika. The back depicts a woman with a sickle and a man
with a wood plane, representing farming and
industry.
Between them is a vignette of the Brunswick Cathedral and the Brunswick
Lion statue. The Lion was commissioned by Henry the Lion
about
1166AD. The statue is the oldest, preserved large sculpture
from
the Middle Ages north of the Alps. The note measures 140x70mm and is
brown. The left side features a watermark of the numeral "5",
Item
PM-DE-NAZI5RMKC NAZI GERMANY 5 REICHSMARK
NOTE,
1942 P186 F-VF. $12.00
NAZI
GERMAN 1 & 2 RENTENMARK NOTES

In
1937 Nazi Germany introduced a 1 Rentenmark note, in order to
replace the
nickel 1
Reichsmark coin. The coin was to be withdrawn so that the
nickel could be used in the upcoming war efforts. The
Rentenmark was equivalent to the Reichsmark,
however it was issued by
the Rentenbank rather than the Reichsbank and the currency was
theoretically backed by land rather than by gold. The note has the
embossed seal of the Rentenbank at the lower right hand corner.
A 1937 2 Rentenmark with a similar design was also issued and
was widely used after the minting of
silver
2 Reichmark was discontinued after the start of
World War II in 1939.
Item
PM-DE-1RNTMK-C NAZI GERMANY 1 RENTENMARK
NOTE 1937 P173 F-VF $4.00
Item
PM-DE-2RNTMK NAZI GERMANY 2 RENTENMARK NOTE
1937
P174 AU-UNC. $9.00
EMERGENCY WWII REICHSBANK
NOTE
This German 20 Reichsmark note was issued by the German Reichsbank in
Sudetenland and Lower Silesia at the very end of World War
II. Sudetenland and Lower Silesia were areas of
Czechoslovakia and Poland had been forcibly incorporated into Germany
at the start of World War II. Because of the advancing allied armies,
shipments of regular Germany currency were no longer available from
Berlin. The note is dated April 28, 1945, less than two weeks
before German surrendered. The tan and brown note is 150 ×
80mm.
PM-DE-SUDET
SUDETENLAND 20 REICHSMARK NOTE,
1945, P187 UNC. $25.00
WORLD WAR II
GERMAN
MILITARY CURRENCY
Wehrmacht military currency was used by Nazi Germany to pay its troops
during the final months of World War II. The notes are dated
September 15, 1944. Soldiers were paid in military scrip while in
transit. When a soldier arrived at his post the notes could be
converted to the local currency or occupation notes. The notes all have
similar designs. The front includes a small Eagle holding a Swastika
and the inscription "
VERRECHNUNGSSEN
FUR DIE DEUTSCHE WEHRMACHT"
(Clearing notes for German Armed Forces) The back of the note includes
regulations and instructions on how to use the notes. They are
interesting and historic pieces of World War II military history.
Item
PM-DE-MILIT1M GERMAN MILITARY 1
REICHSMARK NOTE 1944
PM38 UNC. $12.00
Item
PM-DE-MILIT5M GERMAN MILITARY 5
REICHSMARK NOTE 1944
PM39 UNC. $29.00
BETHEL
FOUNDATION CURRENCY FROM
GERMANY

The
Bethel Foundation (Bodelschwinghsche Stiftungen Bethel) was founded in
1867 in Prussia to care for epileptics. Its mission has
expanded to care for mentally ill and other challenged
people. It is headquartered in the Bethel district of
Bielefeld and has facilities in eight German states serving 200,000
people per year. It issued its first currency in
1908. After World War II it was the only private institution
in West
Germany authorized to issue its own currency. The notes are
accepted at Bethel facilities and selected
merchants. This four-note set of Bethel currency
includes the 50 Pfennig, 2, 5 and 20 Mark notes dated from 1957 to
1973. In 2002 the notes were replaced with Euro denominated
currency.
Item
PM-BETHEL BETHEL FOUNDATION, GERMANY: 4 NOTE
SET, 50 Pfennig - 20 Mark 1957-1973 UNC. $15.00
GIBRALTAR RECREATES OLD
BANKNOTE
To commemorate World Tourism in 2018 the Government of Gibraltar
created an official replica of the 10 Shilling note of 1934.
The note was sold by the Gibraltar Philatelic Bureau for
£2.50. It could be redeemed for 50 Pence (the
equivalent of 10 Shillings) in 2018. The front features the
Rock of Gibraltar. The arms of Gibraltar featuring a castle
is on the back, along with the legend "
THIS BANKNOTE CAN BE REDEEMED IN
GIBRALTAR IN THE YEAR 2018 FOR 50 PENCE". The
note is 130 × 75 mm. It is an attractive and the most
affordable Gibraltar banknote.
Item
PM-GI-50P GIBRALTAR 10 SHILLINGS/50 PENCE
1934/2018
BANKNOTE UNC. $4.00
Item
PM-GI-50Px10 10 of the above GIBRALTAR 10
SHILLINGS/50 PENCE 1934/2018
BANKNOTES UNC. $25.00
2025 FLORIDA
GOLDBACK
NOTES
The
popular Goldback series continued in 2025 with the
introduction of the
Florida Goldback. Goldback notes are a voluntary local currency made of
24 karat gold! Each wafer-thin note has a protective plastic coating.
They are issued in increments of 1/1000 troy ounce of gold in order to
allow for small purchases. The 1 Goldback note contains 1/1000 troy
ounce of gold and measures 66x117mm. The notes are printed on
one side
only, with intricate multi-color allegorical designs.
Item
FL-1/2GOLD FLORIDA 1/2 GOLDBACK (1/2000 oz.
gold) Unc.
$6.00
Item
FL-1GOLD FLORIDA 1 GOLDBACK (1/1000
oz. gold) Unc. $10.00
Item
FL-2GOLD FLORIDA 2 GOLDBACK (1/500 oz.
gold) Unc. $19.50
Item
FL-5GOLD FLORIDA 5 GOLDBACK (1/200 oz.
gold) Unc. $48.00
Item
FL-10GOLD FLORIDA 10 GOLDBACK (1/100 oz.
gold) Unc. $95.00
PREVIOUS 1 GOLDBACK
NOTES 
Goldback Aurum notes are a voluntary local currency made of 24 karat
gold! Each wafer-thin note is coated with a protective plastic coating
so it can be circulated without the gold tearing. They are issued in
increments of 1/1000 troy ounce of gold in order to allow for small
purchases. Each 1 Goldback note contains 1/1000 troy ounce of gold and
measures 66x117mm. The notes are printed on one side only,
with intricate multi-color allegorical style
designs.
The first goldback was the
Utah
1 Goldback released in 2019.
It features Prudence as a Native American seated on a
sandstone rock next to an ancient bristle-cone pine tree.
Item
UT-1GOLD UTAH 1 GOLDBACK NOTE UNC. $10.00
The
Nevada 1 Goldback
depicts Charity patterned after a depiction of
Mary, the mother of Jesus, in St. Augustine’s Catholic Church in
Austin, Nevada. Catholicism is Nevada’s most dominant
religion and St. Augustine’s is the oldest Catholic Church building in
the state. Like all Goldback designs, the art contains many levels of
symbolism. Some major symbols of Charity featured include:
the Sierra Nevada Lily, which is in the container below Mary’s feet to
the right; the Mary Magdalene Rose, in the container on the left;
cherubs crowning Mary and Burning Hearts to either side of her;
Charity’s lit candle in her hand, and Nevada’s sun, rising over the
mountains seen through the window behind her. The window sill and the
columns on each side of the design, are each inspired from St. Mary of
the Mountains Catholic Cathedral in Virginia City.
Item
NV-1GOLD NEVADA 1 GOLDBACK NOTE
UNC. $10.00
The
New Hampshire 1
Goldback depicts Grace as an Abenaki Native
American woman wearing traditional dress and beads in front of
her wigwam.. Below is a River Otter representing resourcefulness and
finding joy in the moment with both attributes being key parts of
grace. Also incorporated into the design are elements ofthe
Jewish Feast of Trumpets, Rosh Hashanah, being celebrated
alongside the Thanksgiving Holiday. These include the Shofar trumpet
next to the wigwam door, the pumpkin, corn, beans, chestnuts, and
honeycomb represented by the beehive in the tree.
Item
NH-1GOLD NEW HAMPSHIRE 1 GOLDBACK NOTE
UNC. $10.00
The
Wyoming 1 Goldback
features Reverentia, or Reverence as a
Shoshone woman wearing a traditional buckskin dress.
A Bald Eagle is perched on her arm. In the
forground are sunflowers. In the background is a bison and
the formation known as Devil's Tower.
Item
WY-1GOLD WYOMING 1 GOLDBACK NOTE
UNC. $10.00
South Dakota
became the fifth state to have
a Goldback note. The South Dakota 1 Goldback note
depicts Pax or Peace as a
Lakota Sioux woman in traditional regalia performing the hoop
dance. Also in the design is Bear Butte, a sacred mountain
also known as Mato Paha, an eagle, buffalo, wolf, a traditional Cancega
drum and a Prairie Crocus.
Item
SD-1GOLD SOUTH DAKOTA 1 GOLDBACK NOTE UNC. $10.00
BRITISH
ARMED FORCES CURRENCY
To try to control black market activities and currency speculation
where British troops were stationed overseas Great Britain paid troops
with a special currency called British Armed Forces Special Vouchers.
The notes were only to be used in military canteens. They
were first issued for use in occupied Germany following World War
II. The
set of three 1 Pound notes, consisting of the Second Series 1 Pound
note which was introduced in Germany in 1948, the Third Series 1 Pound
note which was briefly used during the Suez Crisis in 1956 and the
Fourth Series1 Pound note, which printed in 1962 at the height of the
Cold War.
Item
PM-BAF-3x1P
BRITISH ARMED FORCES SET OF THREE 1
POUND NOTES
PM22, PM29 & PM36 NOTES UNC.
$9.75
GUATEMALA NOTE
COMMEMORATES 100th
ANNIVERSARY OF QUETZAL CURRENCY 
In
2024 Guatemala recently introduced an attractive circulating 1 Quetzal
note to commemorate the 100th anniversary of the Quetzal monetary unit.
The front depicts a colorful Quetzal bird, the national bird of
Guatemala, an impressive gold holographic device, the portrait of
General José María Orellana and the Tikal Temple. General Orellana
became President in 1921 in a coup sponsored by the United Fruit
Company. He implemented the currency reform that introduced
the
Quetzal. He also ruthlessly suppressed strikes by Guatemalan workers
against the United Fruit Company. He died under mysterious
circumstances in 1926 one day after declaring martial law. The back of
the note depicts the Bank of Guatemala building. The note
also
incorporates ultraviolet images and front/back registration images of
the Mayan glyph for the numeral one and the Guatemalan flag. It is an
impressive note at an attractive price. The note is 156 x 67mm.
Item
PM-GT-1Q GUATEMALA 1 QUETZAL BANKNOTE 2024,
100th ANNIVERSARY OF THE QUETZAL, UNC. $3.00
Item
PM-GT-1Qx5 5 of the above GUATEMALA 1 QUETZAL
2024 BANKNOTES $9.00
HELL
BANK NOTES

Hell Bank notes, also called "Spirit Money" are used in funeral
ceremonies in
many far-eastern countries to provide money and goods in the
afterlife for the dead person. The term "hell" just
designates the place where the dead go, and does not carry
the negative connotations that it does in the Christian
world. A wide variety of notes have been produced, and make
an interesting and inexpensive area to collect. We
assembled a collection of 8 different Hell Bank Notes from
China and Vietnam. It includes both traditional style notes
exchangeable for goods in the afterlife and modern, multi-color
currency style notes.
Item PM-HELL8 COLLECTION
OF 8 DIFFERENT HELL BANK NOTES $4.00
For further information about Hell Bank Notes visit
Satan's Own Bankers: Chinese Hell Money
WORLD WAR II JAPANESE
MILITARY CURRENCY FOR HONG KONG
Japan issued this 100 Yen note for use in Hong Kong in the closing
months of World War II. It was the highest denomination military
currency issued by Japan. The note, apparently printed in Hong Kong,
utilized the basic design of the 1944 Japanese homeland 100 Yen note,
however with modified legends on the back and the front has an
overprint that translates as "Military Currency". The note pictures the
Yumedono Pavilion, or Hall of Dreams. It was constructed in
739 as a monument to the semi-legendary Prince Shotoku Taishi on the
site of the prince's palace. The prince is pictured to the
right within a green circle. Because civilians were forced to accept
were forced to accept the unbacked Military Yen it cost the Japanese
government virtually nothing to purchase whatever they
wanted. The note large sized note is 163 x 94mm and is
Uncirculated.
Item
PM-CN-M100Y JAPANESE MILITARY CURRENCY FOR
HONG KONG 100 YEN 1945 PM30 AU-UNC.
$12.00
Item
PM-CN-M100Yx5 5 of the above JAPANESE
MILITARY 100 YEN NOTES 1945 PM30 AU-UNC.
$45.00
FOR
MORE PAPER MONEY, PLEASE CHECK OUT THE FOLLOWING:
World
Paper Money by Country I to Z
INDIAN HUNDI
NOTES
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