20 Reichsbanknote 1924

The 20 Reichsbanknote was a banknote issued by the German government in 1924, as part of a series of new banknotes that were introduced after the hyperinflation that occurred in Germany following World War I. The note had a face value of 20 Reichsmarks and was designed by the German artist Paul Eduard Waldraff.

The front of the banknote featured a portrait of the German statesman and philosopher Friedrich Nietzsche, while the back featured an image of a farmer and a factory worker, representing the industrial and agricultural sectors of the German economy.

Unlike the earlier Reichsbanknotes that were subject to hyperinflation, the new series of banknotes issued in 1924 were backed by the newly introduced Rentenmark, which was pegged to the value of gold. This helped to stabilize the German economy and restore confidence in the German currency.

Today, the 20 Reichsbanknote from 1924 is considered a historical artifact and a symbol of Germany's turbulent economic and political past. It is sought after by collectors of banknotes and other historical items, who value it for its rarity and historical significance.