Catalog
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| Issuer | Reichsbank |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in brown tones on plain paper stock in the austere emergency style characteristic of late Weimar hyperinflation issues. The denomination 'Eine Billion Mark' is rendered in large Gothic numerals at centre, with the title 'Reichsbanknote' in bold letterpress across the upper register. A serial number block appears at left, with the place and date of issue — Berlin, 1. November 1923 — and the legal tender clause set in smaller text below the denomination. |
|---|---|
| Obverse lettering | Reichsbanknote Eine Billion Mark Berlin, den 1. November 1923 Die Reichsbank zahlt gegen diese Banknote dem Einlieferer |
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| Comments |
By the time this note entered circulation in late 1923, the Reichsmark's collapse had become so extreme that even trillion-mark denominations were functionally inadequate within days of issue. The Reichsdruckerei was printing around the clock, and the government had authorised hundreds of emergency printers — Notgelddruckereien — across Germany to supplement output, though the Reichsbank's own trillion-mark series remained centrally produced in Berlin.
The stabilisation came on 15 November 1923 with the introduction of the Rentenmark at a rate of one trillion paper marks to one. Notes like this were rendered worthless almost immediately after printing, which paradoxically means many survived unspent in large quantities.