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| Issuer | Districts of Bonn and Sieg (Prussian province of Rhine) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | The obverse carries the numeral denomination at the top above a fine guilloche underprint, at the centre of which is the Bonn city coat of arms. A border ribbon encircling the design repeats the denomination in letterpress text. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
One of hundreds of Notgeld issues flooding the Rhineland in the autumn of 1923, this milliard-Mark note was authorized by the combined districts of Bonn and Sieg at the absolute peak of the German hyperinflation — the point at which the Reichsbank's own presses could not keep pace with demand, forcing municipal and district authorities across Prussia to commission local printers as a matter of basic economic function.
Rhenania-Druckerei was a Bonn commercial printer, not a security press. The watermarked paper was the primary concession to forgery deterrence. The Rentenmark stabilization of November 1923 rendered notes like this worthless within weeks of issue.