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5x Reichsbank Reichsbanknotes 10,000 Mark from 1922 VG - Vampire Bank Notes

5x Reichsbank Reichsbanknotes 10,000 Mark from 1922 VG - Vampire Bank Notes

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Are the certificates authentic?

Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.  

 

This listing is for five 5x original 10,000 Mark banknotes from the Reichsbank, dated 1922. Fine/ Very Good condition and minor toning consistent with minimal circulation. These notes are uncancelled, with no redemption or punch markings. Offered as a collectible.

The upper right panel carries an engraved portrait of a historical German figure in three-quarter view. The left side displays a tall vertical design element of overlapping oval and leaf forms printed in gold-tan. The 10,000 denomination numeral appears in a fine-line oval frame at the lower right. Rectangular inner border of small repeating scallop and wave elements with a fine cross-hatched band along the outer edge of the central panel.

Engraved portrait of a young German man in the upper right panel, after Albrecht Dürer's Portrait of a Young Man, this design is known among collectors as the famous "Vampire Note"

Berlin, January 1922, Germany was sliding into one of the most catastrophic currency collapses ever recorded. The Reichsbank, central bank of the German Empire since 1876, was printing money at a pace that systematically destroyed the Mark. The crisis was rooted in Germany's decision to finance World War One through debt rather than taxation, compounded by the reparations imposed at Versailles in 1919.

Under Rudolf Havenstein, Reichsbank President from 1908 until his death in November 1923, the bank chose to monetize government debt with ever-larger denominations rather than restrict supply. A note like this one represented a substantial sum when printed in January 1922, and was nearly worthless within months. By November 1923, a single US dollar traded for over four trillion Marks, and the Reichsbank issued a 100 trillion Mark note before the currency was abolished and replaced by the Rentenmark.

These January 1922 notes capture the early phase of the spiral, before the astronomical denominations that followed, making it a favorite entry point for collectors of economic history, European history, and monetary policy.

Materials and care

Here are some quick tips to preserve your certificate for decades to come. 

Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features. 

Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.

Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.

Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.

Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.

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