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1 000 000 000 Mark
| Issuer | Stadt- und Landkreis Hagen i.W. (City and District of Hagen, Westphalia) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein No des Stadt- und Landkreises Hagen über Eine Milliarde Mark Dieser Schein wird bis einen Monat nach Aufruf in den Tageszeitungen bei der Stadthauptkasse Hagen i.W. und der Kreiskommunalkasse Hagen i.W. eingelöst werden. Hagen i.W., den 22 Oktober 1923 Der Landrat: Der Oberbürgermeister: |
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| Protection type | Embossed seal |
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| Comments |
By late 1923, Germany's hyperinflation had made nine-digit denominations a practical necessity rather than an absurdity. Hagen's Stadt- und Landkreis was one of hundreds of regional authorities forced to print their own Notgeld because the Reichsbank simply could not supply enough circulating currency — the presses couldn't keep pace with the devaluation cycle itself.
The embossed seal served as the primary authentication device, a tellingly low-tech solution for a note that would be worthless within weeks of issue regardless.