The 50 Mark Reichsbanknote was a banknote issued by the German government during the period of hyperinflation in the 1920s. The note had a face value of 50 Reichsmarks and was first issued in 1922.
The front of the banknote featured an image of the German statesman and economist Johann Wolfgang von Goethe, while the back featured an image of a child holding a wreath, with the German Reichsadler (imperial eagle) above.
During the period of hyperinflation in Germany, the value of the Mark was rapidly declining, and banknotes issued during this time became increasingly devalued, with new banknotes being issued with higher denominations to keep up with the rising prices of goods and services.
After the introduction of the Rentenmark in 1923, which stabilized the German economy and restored confidence in the German currency, the hyperinflation period ended, and the value of the Mark was fixed at a more stable level.
Today, the 50 Mark Reichsbanknote from the hyperinflation period is considered a historical artifact and is sought after by collectors of banknotes and other historical items, who value it for its rarity and historical significance.