1 Weimar Rentenmark: Back to Normality
Starting Bid
Duration: 7 days
Exempt from "Great Inflation":
The new Minister of Finance, Hans Luther, created the Rentenmark, which was backed by mortgages on all real property in Germany, rather than gold. The Rentenmark was valued at 4.2 marks to one U.S. dollar, and its introduction on November 16, 1923, successfully ended the inflation crisis. Despite this, the Nazi Party continued to use people’s residual economic fears as a propaganda tool to gain power, eventually leading to Adolf Hitler becoming Chancellor in 1933.
The uncirculated bill is enclosed in a black frame and surrounded by shredded Euro bills.
Payment Methods
Bid deposits must be paid in onchain or lightning bitcoin.
Final payment can be paid in onchain or lightning bitcoin, credit card, Afterpay, Cash App Pay, Affirm, or Klarna (subject to fees).