Germany 1923 Inflation Overprint
Germany · 1923 · 20 Milliarden Mark
The stamp features a large numeral '500' within a circle, with 'DEUTSCHES REICH' and 'REICHSPOST' around it. It bears a prominent black diagonal overprint '20 Milliarden Mark'.
This stamp is a product of the hyperinflation period in Germany during 1923, where denominations rapidly increased to keep pace with the collapsing currency. The overprint reflects the drastic devaluation of the Mark, making previously issued stamps usable for much higher postal rates.
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Image: scanned by <a href="//commons.wikimedia.org/wiki/User:NobbiP" title="User:NobbiP">NobbiP</a> · License: Public domain
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