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Collector values of old German banknotes

Overview of the values of the most important german banknotes

 10,000 Mark
10000 Mark 1922

Books and catalogs about antiques and collectibles at amazon.com

Introduction

You find the values of the most important german banknotes here.

The values depend on the condition (= Erhaltung) of the banknotes.
Value for condition I (= unc) and III (used condition, not torn and not very bad cond.)  in Euro. 1 Euro is about 1.10 US$
The values are average prices that collectors may pay for these banknotes in Germany.
These banknotes don't have any currency value today. 

Last update 04/29/2015

German version of this page / Deutsche Seite

Content

Kaiserreich 1871 - 1915 Darlehenskassenscheine 1914 - 1922 Inflation 1919 - 1923 Weimarer Republic 1924 - 1933 Drittes Reich 1933 - 1945
(German Nazi Empire)
Alliierte Besetzung 1944 - 1948
Allied Zone		 BRD ab 1948
Federal Republic of Germany since 1948
= West Germany		 DDR 1948 - 1990
German Democratic Republic = East Germany		    

Banknotes of the German Empire (Kaiserreich) 1871 - 1915

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Mark 11.7.1874 2000 very high value
20 Mark 11.7.1874 15,000 very high value
100 Mark 1.1.1876 15,000 very high value
5 Mark 10.1.1882 400 2500
20 Mark 10.1.1882 4000 very high value
50 Mark 10.1.1882 7000 very high value
100 Mark 3.9.1883 1500 very high value
1000 Mark 2.1.1884 3000 very high value
100 Mark 3.9.1883 1500 very high value
100 Mark 1.5.1891 1000 3000
100 Mark 1.3.1893 1000 very high value
100 Mark 10.4.1896 500 2000
1000 Mark 10.4.1896 2500 6000
100 Mark 1.7.1898 20 1000
1000 Mark 1.7.1898 100 1000
50 Mark 5.1.1899 10,000 very high value
100 Mark 17.4.1903 10 2000
1000 Mark 10.10.1903 40 1000
5 Mark 31.10.1904 5 20
100 Mark 18.12.1905 20 1000
20 Mark 10.3.1906 20 300
50 Mark 10.3.1906 5 400
1000 Mark 26.7.1906 50 1000
20 Mark 8.6.1907
Length of serial number: 6		 40 200
20 Mark 8.6.1907
Length of serial number: 7		 5 70
50 Mark 8.6.1907 200 very high value
100 Mark 8.6.1907 20 1000
20 Mark 7.2.1908 3 100
50 Mark 7.2.1908 5 500
100 Mark 7.2.1908 
Picture of eagle in front
Red seal
Width of  serial number: 25 mm
Letter at back of banknote: Z		 20 700
100 Mark 7.2.1908 
Picture of eagle in front
Red seal
Width of  serial number: 29 mm		 1 5
100 Mark 7.2.1908 
Picture of eagle in front
Green seal		 1 5
100 Mark 7.2.1908 
Picture of Merkur and head of  Ceres
At the backside: War ships and Germania with sword and shield		 5 200
1000 Mark 7.2.1908  40 700
20 Mark 10.9.1909 10 300
100 Mark 10.9.1909
Picture of Merkur and head of  Ceres
At the backside: War ships and Germania with sword and shield		 7 250
1000 Mark 10.9.1909 40 800
20 Mark 21.4.1910
Length of serial number: 6		 5 200
20 Mark 21.4.1910
Length of serial number: 7		 2 30
50 Mark 21.4.1910 4 80
100 Mark 21.4.1910
Red seal		 3 30
100 Mark 21.4.1910
Green seal		 3 30
1000 Mark 21.4.1910
Length of serial number: 6
Red seal		 4 20
1000 Mark 21.4.1910
Length of serial number: 7
Red seal		 1 3
1000 Mark 21.4.1910
Length of serial number: 6
Green seal		 5 30
1000 Mark 21.4.1910
Length of serial number: 7
Green seal		 1 5
20 Mark 19.2.1914
Length of serial number: 6		 5 100
20 Mark 19.2.1914
Length of serial number: 7		 2 10

Darlehenskassenscheine 1914 - 1922

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Mark 5.8.1914
Length of serial number: 6		 20 200
5 Mark 5.8.1914
Length of serial number: 7 or 8		 5 70
20 Mark 5.8.1914
Length of serial number: 6		 5 200
20 Mark 5.8.1914
Length of serial number: 7 		 4 150
50 Mark 5.8.1914
Length of serial number: 6		 5 200
50 Mark 5.8.1914
Length of serial number: 7 		 3 20
1 Mark 12.8.1914
(different types)		 1 3
2 Mark 12.8.1914
(different types)		 1 3
20 Mark 4.11.1915 2 8
5 Mark 1.8.1917
Length of serial number: 7 		 2 6
5 Mark 1.8.1917
Length of serial number: 8 		 1 4
20 Mark 20.2.1918 3 10
50 Mark 20.10.1918
Length of serial number: 6 or 7 		 100 200
50 Mark 30.11.1918 10 30

Inflation 1919 - 1923

Weimarer Republic 1924 - 1933

Denomination Value for grade vf in Euro Value for grade unc in Euro
1 Rentenmark 1.11.1923
Length of serial number: 6		 100 300
1 Rentenmark 1.11.1923
Length of serial number: 8		 20 80
2 Rentenmark 1.11.1923 100 250
5 Rentenmark 1.11.1923
Length of serial number: 6		 100 500
5 Rentenmark 1.11.1923
Length of serial number: 7		 100 400
50 Rentenmark 1.11.1923 2000 6000
100 Rentenmark 1.11.1923 500 3000
500 Rentenmark 1.11.1923 10,000 very high value
1000 Rentenmark 1.11.1923 3000 6000
10 Reichsmark 11.10.1924
Length of serial number: 7		 200 1500
10 Reichsmark 11.10.1924
Length of serial number: 8		 200 1500
20 Reichsmark 11.10.1924 200 2000
50 Reichsmark 11.10.1924 20 300
100 Reichsmark 11.10.1924 20 200
1000 Reichsmark 11.10.1924 50 300
50 Rentenmark 20.3.1925 400 2500
10 Rentenmark 3.7.1925 400 2500
5 Rentenmark 2.1.1926
Length of serial number: 7		 20 150
5 Rentenmark 2.1.1926
Length of serial number: 8		 10 150
10 Reichsmark 22.1.1929
Watermark: picture of a head		 2 15
10 Reichsmark 22.1.1929
Water mark: stripes of tulips
Issue: January 1945		 3 20
20 Reichsmark 22.1.1929
Water mark: picture of a head		 1 10
20 Reichsmark 22.1.1929
Watermark: Stripes
Issue: January 1945		 4 30

Drittes Reich 1933- 1945

Denomination Value for grade vf in Euro Value for grade unc in Euro
50 Reichsmark 30.3.1933
Water mark: picture of a head		 5 30
50 Reichsmark 30.3.1933
Water mark: stripes of oaks
Issue: January 1945		 5 30
50 Rentenmark 6.7.1934 100 1000
100 Reichsmark 24.6.1935
Water mark: picture of a head		 5 15
100 Reichsmark 24.6.1935
Water mark: stripes of flowers
Issue: January 1945		 5 25
1000 Reichsmark 22.2.1936 50 100
1 Rentenmark 30.1.1937
Length of serial number: 7		 20 70
1 Rentenmark 30.1.1937
Length of serial number: 8		 1 4
2 Rentenmark 30.1.1937
Length of serial number: 7		 10 50
2 Rentenmark 30.1.1937
Length of serial number: 8		 1 5
20 Reichsmark 16.6.1939 10 30
5 Reichsmark 1.8.1942
Length of serial number: 7		 5 15
5 Reichsmark 1.8.1942
Length of serial number: 8		 3 10

Alliied Zone 1944 - 1948

Sign of engraver

The US banknote issues for the Allied Zone have the hidden sign of the engraver of company Forbes!

Here you see the sign of the engraver of company Forbes!

Allied military authority

Denomination Value for grade vf in Euro Value for grade unc in Euro
1/2 Mark 1944
Length of serial number: 8
with sign of engraver 		40 100
1/2 Mark 1944
Length of serial number: 9
with sign of engraver		 5 25
1/2 Mark 1944
Length of serial number: 8
without sign of engraver		 40 200
1 Mark 1944
Length of serial number: 8
with sign of engraver		 50 200
1 Mark 1944
Length of serial number: 9
with sign of engraver
 		 2 7
1 Mark 1944
Length of serial number: 8
without sign of engraver		 4 20
1 Mark 1944
Length of serial number: 9
without sign of engraver		 2 5
5 Mark 1944
Length of serial number: 8
with sign of engraver
 		 150 250
5 Mark 1944
Length of serial number: 9
with sign of engraver
 		 3 10
5 Mark 1944
Length of serial number: 8
without sign of engraver		 5 10
5 Mark 1944
Length of serial number: 9
without sign of engraver		 5 10
10 Mark 1944
Length of serial number: 8
with sign of engraver
 		 250 600
10 Mark 1944
Length of serial number: 9
with sign of engraver
 		 10 40
10 Mark 1944
Length of serial number: 8
without sign of engraver		 10 40
10 Mark 1944
Length of serial number: 9
without sign of engraver		 5 10
20 Mark 1944
Length of serial number: 8
with sign of engraver
 		 200 400
20 Mark 1944
Length of serial number: 9
with sign of engraver
 		 10 40
20 Mark 1944
Length of serial number: 8
without sign of engraver		 5 15
20 Mark 1944
Length of serial number: 9
without sign of engraver		 10 20
50 Mark 1944
Length of serial number: 8
with sign of engraver
 		 300 700
50 Mark 1944
Length of serial number: 9
with sign of engraver
 		 15 50
50 Mark 1944
Length of serial number: 8
without sign of engraver		 5 15
50 Mark 1944
Length of serial number: 9
without sign of engraver		 10 20
100 Mark 1944
Length of serial number: 8
with sign of engraver
 		 500 900
100 Mark 1944
Length of serial number: 9
with sign of engraver
 		 10 50
100 Mark 1944
Length of serial number: 8
without sign of engraver		 10 20
100 Mark 1944
Length of serial number: 8 with small letters before serial number
without sign of engraver		 800 1200
100 Mark 1944
Length of serial number: 9
without sign of engraver		 10 20
1000 Mark 1944
Length of serial number: 8
with sign of engraver
 		 very high value very high value
1000 Mark 1944
Length of serial number: 9
with sign of engraver
 		 200 500
1000 Mark 1944
Length of serial number: 8
without sign of engraver
 		 30 70

BRD ab 1948

Bank Deutscher Länder - Serie 1948

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
1/2 Deutsche Mark 1948 20 120
1 Deutsche Mark 1948 25 120
2 Deutsche Mark 1948 70 350
5 Deutsche Mark 1948 (Man on the right) 50 500
10 Deutsche Mark 1948 70 400
20 Deutsche Mark 1948 100 500
50 Deutsche Mark 1948 seating woman in the middle of the banknote) 100 1500
100 Deutsche Mark 1948 seating woman in the middle of the banknote) 800 3000
20 Deutsche Mark ohne Datum ( (left: head of a woman)) 500 2000
50 Deutsche Mark ohne Datum (head of a woman in the middle of the banknote)) 3000 6000
5 Pfennig ohne Datum  5 15
10 Pfennig ohne Datum  5 15
5 Deutsche Mark 1948 (Europa on the bull).  50 250
50 Deutsche Mark 1948 (Patrician of Nuremburg, picture of A.Dürer) 70 150
100 Deutsche Mark 1948 (Councilor of Nuremburg, picture of A.Dürer) 100 300

Bank Deutscher Länder - Serie 1949

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
10 Deutsche Mark 1949 20 70
20 Deutsche Mark 1949 50 200

Deutsche Bundesbank 1960 - 1990

Values for cheapest types!

Copyright sign of Bundesbank:  Some banknotes have a copyright sign at the left: (C) Deutsche Bundesbank 1963

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Mark 2.1.1960 (cheapest type) 4 10
10 Mark 2.1.1960 (cheapest type) 8 30
20 Mark 2.1.1960 (cheapest type) 20 50
50 Mark 2.1.1960 (cheapest type) 30 100
100 Mark 2.1.1960 (cheapest type) 70 200
500 Mark 2.1.1960 (cheapest type) 500 1000
1000 Mark 2.1.1960 (cheapest type) 800 2000
5 Mark 2.1.1970 (cheapest type) 20 40
10 Mark 2.1.1970 (cheapest type) 10 20
20 Mark 2.1.1970 (cheapest type) 20 50
50 Mark 2.1.1970 (cheapest type) 25 60
100 Mark 2.1.1970 (cheapest type) 60 120
500 Mark 2.1.1970 (cheapest type) 400 800
10 Mark 1.6.1977 (cheapest type) 10 15
20 Mark 1.6.1977 (cheapest type) 15 40
50 Mark 1.6.1977 (cheapest type) 30 70
100 Mark 1.6.1977 (cheapest type) Exchange value to Euro 150
500 Mark 1.6.1977 (cheapest type) 400 800
1000 Mark 1.6.1977 (cheapest type) 700 1200
10 Mark 2.1.1980 (cheapest type) without copyright sign 15 30
20 Mark 2.1.1980 (cheapest type) without copyright sign 30 70
50 Mark 2.1.1980 (cheapest type) without copyright sign 50 200
100 Mark 2.1.1980 (cheapest type) without copyright sign 100 200
5 Mark 2.1.1980 (cheapest type) with copyright sign 4 8
10 Mark 2.1.1980 (cheapest type) with copyright sign Exchange value to Euro 12
20 Mark 2.1.1980 (cheapest type) with copyright sign Exchange value to Euro 30
50 Mark 2.1.1980 (cheapest type) with copyright sign Exchange value to Euro 80
100 Mark 2.1.1980 (cheapest type) with copyright sign Exchange value to Euro 130
500 Mark 2.1.1980 (cheapest type) with copyright sign 500 1000
1000 Mark 2.1.1980 (cheapest type) with copyright sign 700 1500
10 Mark 2.1.1989 (cheapest type)  10 15
50 Mark 2.1.1989 (cheapest type)  50 200
100 Mark 2.1.1989 (cheapest type) Exchange value to Euro 100
200 Mark 2.1.1989 (cheapest type) 150 300
5 Mark 1.8.1991 (cheapest type) Exchange value to Euro 6
10 Mark 1.8.1991 (cheapest type) Exchange value to Euro 12
20 Mark 1.8.1991 (cheapest type) Exchange value to Euro 25
50 Mark 1.8.1991 (cheapest type) Exchange value to Euro 60
100 Mark 1.8.1991 (cheapest type) Exchange value to Euro 100
500 Mark 1.8.1991 (cheapest type) Exchange value to Euro 500
1000 Mark 1.8.1991 (cheapest type) Exchange value to Euro 900
10 Mark 1.10.1993 (cheapest type) Exchange value to Euro 10
20 Mark 1.10.1993 (cheapest type) Exchange value to Euro 20
50 Mark 1.10.1993 (cheapest type) Exchange value to Euro 70
100 Mark 1.10.1993 (cheapest type) Exchange value to Euro 100
500 Mark 1.10.1993 (cheapest type) Exchange value to Euro 500
1000 Mark 1.10.1993 (cheapest type) Exchange value to Euro 900
50 Mark 2.1.1996 (cheapest type) Exchange value to Euro 40
100 Mark 2.1.1996 (cheapest type) Exchange value to Euro 100
200 Mark 2.1.1996 (cheapest type) Exchange value to Euro 300
10 Mark 1.9.1999 (cheapest type) Exchange value to Euro 8

DDR German Femocratic Republic 1948 - 1990

Couponmark - Serie 1948, with stamp on the banknote

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
1 Deutsche Mark  5 10
2 Deutsche Mark  6 15
5 Deutsche Mark, Coupon on 5 Rentenmark 2.1.1926  30 120
5 Deutsche Mark, Coupon on 5 Reichsmark 1.8.1942 8 15
10 Deutsche Mark  10 15
20 Deutsche Mark, Coupon on 20 Reichsmark 22.1.1929 15 25
20 Deutsche Mark, Coupon on 20 Reichsmark 16.6.1939 20 60
50 Deutsche Mark  30 50
100 Deutsche Mark  30 50

Serie 1948

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
50 Deutsche Pfennige, length of serial number 6 stellig, 1 letter before serial number 20 200
50 Deutsche Pfennige, length of serial number 6 stellig, 2 letters before serial number 10 50
50 Deutsche Pfennige, length of serial number 7 stellig, 1 letter before serial number 10 100
50 Deutsche Pfennige, length of serial number 7 stellig, 2 letters before serial number 5 15
1 Deutsche Mark , length of serial number 6 stellig, 1 letter before serial number 20 200
1 Deutsche Mark , length of serial number 6 stellig, 2 letters before serial number 10 60
1 Deutsche Mark , length of serial number 7 stellig, 1 letter before serial number 5 80
1 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 3 10
2 Deutsche Mark , length of serial number 6 stellig, 1 letter before serial number 10 100
2 Deutsche Mark , length of serial number 6 stellig, 2 letters before serial number 8 80
2 Deutsche Mark , length of serial number 7 stellig, 1 letter before serial number 8 80
2 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 2 8
5 Deutsche Mark , length of serial number 6 stellig, 1 letter before serial number 10 100
5 Deutsche Mark , length of serial number 6 stellig, 2 letters before serial number 6 50
5 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 4 10
10 Deutsche Mark , length of serial number 6 stellig, 1 letter before serial number 10 200
10 Deutsche Mark , length of serial number 6 stellig, 2 letters before serial number 8 50
10 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 3 10
20 Deutsche Mark , length of serial number 6 stellig, 1 letter before serial number 10 100
20 Deutsche Mark , length of serial number 6 stellig, 2 letters before serial number 6 80
20 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 3 8
50 Deutsche Mark , length of serial number 7 stellig, 1 letter before serial number 5 100
50 Deutsche Mark , length of serial number 7 stellig, 2 letters before serial number 3 8
100 Deutsche Mark  5 15
1000 Deutsche Mark  30 80

Serie 1955

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Deutsche Mark  5 15
10 Deutsche Mark  5 20
20 Deutsche Mark  10 30
50 Deutsche Mark  10 30
100 Deutsche Mark  10 25

Serie 1964 

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Mark der Deutschen Notenbank 2 5
10 Mark der Deutschen Notenbank 5 15
20  Mark der Deutschen Notenbank 5 15
50  Mark der Deutschen Notenbank 8 20
100  Mark der Deutschen Notenbank 10 25

Serie 1971

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
10 Mark 1 4
50  Mark  3 8

Serie 1975        

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
5 Mark 1 5
20 Mark 3 8
100 Mark 4 10
200 Mark - 20
500 Mark - 20

Serie 1989 with "Brandenburger Tor"

Values for cheapest types!

Denomination Value for grade vf in Euro Value for grade unc in Euro
20 Mark - 400

Forum Außenhandelsgesellschaft 1979

Denomination Value for grade vf in Euro Value for grade unc in Euro
50 Pfennig 4 8
1 Mark 4 8
5 Mark 3 5
10 Mark 5 10
50 Mark 5 15
100 Mark 30 100
500 4 8

 

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