Hyperinflation
The Hyperinflation category covers German postage stamps issued during the extreme economic crisis of 1921–1923. Due to rapid currency devaluation, stamp denominations reached extraordinarily high values, making this period one of the most remarkable chapters in philatelic and economic history.
German hyperinflation stamps are among the most dramatic and historically significant issues in world philately.
The hyperinflation period
Between 1921 and 1923, Germany experienced severe inflation, resulting in constantly changing postal rates and stamp denominations in the millions and billions.
Collector characteristics
- extremely high face values
- frequent tariff changes
- overprints and emergency issues
- strong focus on postal covers and usage
Hyperinflation stamps are essential for collectors interested in economic history and advanced postal studies.