1922 Germany 50000 Mark Fine USA established in 1795

established in 1795

First struck by the United States Mint on November 24

Kiira (Kiyira) hydroelectric power station dam on the Victoria Nile at Jinja

emblem of GermanyReverseTranslation: Munich Olympic Games Weight 15

45 grams Composition 97% Copper

1922 Germany 50000 Mark Fine USA established in 1795This note is an example of the hyperinflation experienced in the wake of WWII as Germany struggled with significant reparations. Money printing increased to a point at which purchasing power of currency was being diminished on a daily basis. By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1: 2,000,000