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1 000 000 000 Mark
| Issuer | Kreisausschuß des Kreises Neuwied (District Committee of Neuwied, Prussian Rhine Province) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Notgeldschein des Kreises Neuwied. EINE MILLIARDE MARK Dieser Notgeldschein wird von der Sparkasse des Kreises Neuwied sowie allen öffentlichen Banken und Kassen des Regierungsbezirkes Coblenz in Zahlung genommen. Termin zur Einlösung nach Aufruf in den Kreisblättern. Neuwied, 1. Oktober 1923. Der Kreisausschuß des Kreises Neuwied. Der Vorsitzende: Landrat. Umlauffähig im ganzen Regierungsbezirk Coblenz. – Gültig bis zum 1. April 1924. |
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| Reverse lettering | Notgeldschein des Kreises Neuwied. EINE MILLIARDE MARK |
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| Comments |
One of thousands of Notgeld issues printed during the hyperinflation peak of late 1923, when Reichsbank notes couldn't keep pace with daily price increases and local authorities were forced to issue their own emergency currency. The Kreisausschuß — the administrative committee of Neuwied district — commissioned this milliard-mark note from a local printer, Strüder, rather than contracting a specialist banknote firm. That decision was purely logistical: turnaround time mattered far more than security features when the purchasing power of a denomination could collapse within hours of printing.
By November 1923, a billion marks was barely sufficient for routine transactions. The Rentenmark stabilization that same month rendered the entire series worthless almost immediately after issue.