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Police Tries to Find Owner of Old and Rare Foreign Banknotes worth Millions

2017-11-13 Mon

Rare and old foreign banknotes from Germany, Africa, and South America were discovered by Detectives who were investigating a burglary case in south London. The owner of this amazing collection is still unknown and it was found in Lewisham.

The collection contained a German 50,000,000 Mark note dated January 1, 1924, issued during hyperinflation. It also contains interesting currencies from Bermuda, Mozambique, Mexico, Somalia, Ethiopia, and Turkey.

Other notes like a Colombian note dated August 1974, a Mexican note for one Peso Oro, a Mozambique note from 1961, a Hungarian note from 1946 and 2003 and a Greek note from 1944, were also a part of the collection.

Two 10 million Mark notes from August 1923 were also discovered. By 1924, 100 trillion mark notes were the highest denomination in circulation worth £5 pounds sterling. It was a time when Germany faced economic turmoil which, in a way, led to the rise of Hitler. The collection also had a 1926 5 Rentenmark note, issued to replace the Mark, which was highly devalued during hyperinflation.