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1 000 000 000 000 Mark

Issuer Stadtgemeinde Feuerbach (City of Feuerbach)
Year 1923
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In circulation to 1923
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Obverse description Grey-green and red letterpress Notgeld note. The central vignette presents a seated male worker figure set within a large industrial cogwheel, the city arms of Feuerbach visible below, all rendered against a radiating sunburst underprint. The issuer's name arches across the top border within a zigzag frame, while the denomination "EINE BILLION MARK" is printed in bold red capitals across the centre, with numeral "1" flanking left and right. Two manuscript signatures appear in the lower portion, attributed to the Oberbürgermeister (left) and the Stadtpfleger (right), with the issue date "Feuerbach den 1. November 1923" and the serial number printed below.
Obverse lettering STADTGEMEINDE FEUERBACH WIR SCHAFFENS WIEDER 1 1 EINE BILLION MARK Feuerbach den 1. November 1923 STADTKASSENSCHEIN
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Comments

Feuerbach was an independent municipality just north of Stuttgart — it wouldn't be absorbed into the city until 1933. Like hundreds of German towns in late 1923, its local government was forced into the absurd position of issuing its own trillion-mark emergency currency because the Reichsbank simply could not print fast enough to keep pace with hyperinflation. By the time notes of this denomination were reaching municipal circulation desks, the official exchange rate against the US dollar was moving by billions per day.

The one-trillion-mark denomination — one Billion in German numerical convention — marks the terminal phase of the crisis. The Rentenmark stabilization came in November 1923, rendering the entire emergency note system worthless within weeks of issue.

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