BIELEFELD 1923 LINEN! "Smiling Baby w/Rutabaga" 1 Gold Mark = 10/42 US Dollar Wertbeständiges Notgeld

BIELEFELD 1923 LINEN! "Smiling Baby w/Rutabaga" 1 Gold Mark = 10/42 US Dollar Wertbeständiges Notgeld
BIELEFELD 1923 LINEN! "Smiling Baby w/Rutabaga" 1 Gold Mark = 10/42 US Dollar Wertbeständiges Notgeld

BIELEFELD 1923 LINEN! "Smiling Baby w/Rutabaga" 1 Gold Mark = 10/42 US Dollar Wertbeständiges Notgeld

Regular price $160.00
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An extremely rare linen version — that's right, this is Stoffgeld, printed on linen fabric — of the 1 Gold Mark smiling baby Notgeld. The note was actually denominated in US Dollars, 10/42 of one US dollar, to be exact, which was backed by gold. The standardized Gold Mark (1 US Dollar was equal to 4.20 Gold Marks) was more of a marketing term, to avoid admitting that they had to begin using the gold-backed US Dollar as the de facto currency. During the very final months of Germany's hyperinflation of 1923, this was a way to have some kind of stable currency, as the paper mark had lost nearly all of its value.

Condition: AU/UNC

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