20 Reichsmark, 1929

This copy

Accession

OM-00180

Serial

S 23921006

Series year

1929

Actually issued

1929

Signatures

This issue carries no bank manager or cashier signature.

Grade

F (IBNS)

Edge damage, moderate wear. Estimated from the archival scan. Folds, soiling and edge condition are visible at this resolution; paper crispness, pinholes, small repairs and pressing are not.

Estimated value

$4 indicative

Category benchmark scaled for grade — an order of magnitude, not an appraisal. Priced 2026-09-07.

Dimensions

160.3 × 80.6 mm (±0.5, from the scan)

Themes

Weimar RepublicInterwar

The type

Type

20 Reichsmark, 1929

Portrait

Werner von Siemens

Printer

Not established

Rarity

common

Inscriptions

Reverse — the counterfeiting penalty

Wer Banknoten nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Gefängnis nicht unter zwei Jahren bestraft.

Whoever counterfeits or falsifies banknotes, or obtains and circulates counterfeit or falsified ones, is punished with not less than two years' imprisonment.

Symbology

Reichsadler

The German eagle. On the 1929 series it is the Weimar republic's; from 1939 it stands on a wreathed swastika, and the same currency financed rearmament and then the war.

What was happening

Reichsbank notes of the years between the two inflations. The 1929 series is the money of the brief Weimar stabilisation — the Rentenmark of 1923 had ended the hyperinflation, the Reichsmark replaced it in 1924, and for about five years German money held its value again. That ended in 1929.

This account belongs to the type, not this copy — it is shared by every 20 Reichsmark, 1929 in the collection.