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GERMANY INFLATION PERIOD, Part 1

Return To Catalogue - Germany 1921-1923 inflation period, part 2 - Germany Overview

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From 1921 to 1923 Germany was hit by a large inflation, in 1921 you could send a letter for a about 50 pfennig, in 1923 this went up to 50000000000 Marks! In 1923 a new currency was introduced.

Warning: Since these stamps were only in use for very short periods (the inflation of the money was very rapid), unused stamps are more common than used stamps. Especially for rarer used stamps, forged cancellations can be found very often!


(Forged cancel 'BRAUNSCHWEIG', reduced size)

1921 Value, 'Deutsches Reich' on top

  5 p lilac
  10 p olive
  15 p blue
  25 p brown
  30 p green
  40 p orange
  50 p violet
  75 p blue

Surcharged (1923)

  '5 Tausend' on 40 p orange
  '8 Tausend' on 30 p green
  '400 Tausend' on 15 p brown
  '400 Tausend' on 25 p brown
  '400 Tausend' on 30 p brown
  '400 Tausend' on 40 p brown
  '800 Tausend' on 5 p green
  '800 Tausend' on 10 p green

For the specialist; these stamps exist with two different watermarks: 'lozenges' (Rauten) or 'crossed lines' (Waffeln). The perforation is 14.


(Watermark 'Lozenges')


(Watermark 'Crossed Lines' on a later issue)

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueWatermark 'lozenges' Watermark 'crossed lines'Remarks
 UnusedUsedUnusedUsed 
5 pvcvcc* 
10 pvcvc*** 
15 pvcvcc* 
25 pvcvcvcvc 
30 pvcvcc* 
40 pvcvcvcvc 
50 pccvcvc 
75 p  vcvconly issued with Wmk 'crossed lines'

Surcharged

5 T on 40 p  vcvc 
8 T on 30 pvcvc**** 
400 T on 15 p  vcvcrouletted
400 T on 25 p  vcvcrouletted
400 T on 30 p  vcvcrouletted
400 T on 40 p  vcvcrouletted
800 T on 5 p  vcvc 
800 T on 10 p  vcvc 

I've been told that the next overprint is a bogus one:

 

1921 Smith, field labourers and mine labourers

60 p lilac 100 p green 160 p green 12 M red 25 M brown

  60 p lilac
  80 p red
  100 p green
  120 p blue
  150 p orange
  160 p green
  5 M orange
  10 M blue
  12 M red
  20 M red
  25 M brown
  30 M olive
  40 M green
  50 M blue
Overprinted 'Rhein Ruhr Hilfe' and value

100 M on 5 M orange 500 M on 25 M brown

  100 M + 5 M on 5 M orange
  500 M + 25 M brown

Surcharged

  '15 Tausend' on 40 M green
  '20 Tausend' on 12 M red
  '20 Tausend' on 25 M brown
  '25 Tausend' on 25 M brown
  '30 Tausend' on 10 M blue

For the specialist; these stamps exist with two different watermarks: 'lozenges' or 'crossed lines'. The stamps with the image of the mine labourers was later inverted in the higher values. The perforation is 14.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueWatermark 'lozenges' Watermark 'crossed lines'Remarks
 UnusedUsedUnusedUsed 
60 pvcvcvcvc 
80 pvcvcvcc 
100 pcvcvcvc 
120 p vcvcc* 
150 pvcvcvcvc 
160 pvccc* 
5 M  vcc 
10 M  vcvc 
12 M  vcvc 
20 M  vcvc 
25 M  vcvc 
30 M  vcc 
40 M  vcvc 
50 M  vc* 
Rhein-Ruhr hilfe
100M + 5 M   vcc 
500 M + 25 M   vcc 

Surcharged

15 T on 40 M  vcvc 
20 T on 12 M  vcvc 
20 T on 25 M  vcc 
25 T on 25 M  vcc 
30 T on 10 M  vcvc 

 

1921 Posthorn

20 M violet and orange 40 M green

  2 M violet and red
  2 M violet
  3 M orange and yellow
  3 M orange
  4 M dark green and light green
  4 M green
  5 M orange and yellow
  5 M orange
  6 M blue
  8 M olive
  10 M red
  20 M violet and orange
  20 M violet
  30 M brown and yellow
  30 M brown
  40 M green
  50 M green and violet

For the specialist; these stamps exist with two different watermarks: 'lozenges' or 'crossed lines'. The perforation is 14.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueWatermark 'lozenges' Watermark 'crossed lines'Remarks
 UnusedUsedUnusedUsed 
2 M violet and red ccvcvc 
2 M violet  vcc 
3 M orange and yellow c*vcvc 
3 M orange  vcvc 
4 M dark and light green ccvcvc 
4 M green  vcvc 
5 M orange and yellow  vcvc 
5 M orange  vcvc 
6 M  vcvc 
8 M  vcc 
10 M  vcvc 
20 M violet and orange  vcvc 
20 M violet  vcvc 
30 M brown and yellow  vcc 
30 M brown  vcc 
40 M  vcvc 
50 M  vcvcExists with watermark 'flower': *

 

1921 Number, large stamps

200 M red

  5 M orange
  10 M red
  50 M blue
  100 M lilac
  200 M red
  300 M green
  400 M brown
  500 M orange
  1000 M grey
  2000 M bue
  3000 M brown
  4000 M violet
  5000 M green
  100000 M red

For the specialist; these stamps exist with two different watermarks: 'lozenges' or 'crossed lines'. The perforation is 14.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueWatermark 'lozenges' Watermark 'crossed lines'Remarks
 UnusedUsedUnusedUsed 
5 Mcccc 
10 Mcccc 
50 M  cc 
100 M cccc 
200 Mvcvcvcc 
300 Mvccvcc 
400 Mvccvcc 
500 Mccvcc 
1000 M  vcvc 
2000 M   vcvc 
3000 M  vcvc 
4000 M  vcvc 
5000 M  vcvc 
100000 M   vcvc 

I have seen the 500 Mk overprinted with 'German - American Press Association of Chicago', advertisement overprint?

 

1921 Ploughing man

20 M blue

  20 M blue

Overprinted 'Rhein Ruhr Hilfe' and value

  1000 M + 20 M blue

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueWatermark 'lozenges' Watermark 'crossed lines'Remarks
 UnusedUsedUnusedUsed 
20 M*ccc 
Rhein Ruhr Hilfe
10 M  ** 

 

1922 Munchen exhibition

1 1/4 M red

  1 1/4 M red
  2 M violet
  3 M orange
  4 M blue
  10 M brown
  20 M red

For the specialist; the stamps 1 1/4 M to 4 M have watermark 'crossed lines'. The values 10 M and 20 M have watermark 'lozenges'. The perforation is 13 1/2.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueUnusedUsedRemarks
1 1/4 Mvcvc 
2 Mvcvc 
3 Mcc 
4 Mvcc 
10 Mvcc 
20 Mc* 

 

1922 Girl planting flowers

  6 + 4 M blue and yellow
  12 + 8 M red and blue

For the specialist; these stamps have watermark 'crossed lines'. The perforation is 14.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueUnusedUsedRemarks
6 + 4 Mcc 
12 + 8 M cc 

 

1923 Wartburg castle and Koln dome

10000 Mk olive

  5000 M blue
  10000 M olive

For the specialist; these stamps have watermark 'crossed lines'. The perforation is 14.

Value of the stamps

vc = very common
c  = common
*  = not so common
** = uncommon
*** = very uncommon
R   = rare
RR  = very rare
RRR = extremely rare
ValueUnusedUsedRemarks
5000 Mcc 
10000 M vcc 

For more stamps of the inflation period, click here.


Copyright by Evert Klaseboer

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