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| Uitgever | Bayerische Notenbank |
|---|---|
| Jaar | 1923 |
| Type | Log in om details te zien |
| Waarde | Log in om details te zien |
| Valuta | Mark (1914-1924) |
| Samenstelling | Log in om details te zien |
| Afmetingen | Log in om details te zien |
| Vorm | Log in om details te zien |
| Drukker | Log in om details te zien |
| Ontwerper(s) | Log in om details te zien |
| Graveur(s) | Log in om details te zien |
| In omloop tot | Log in om details te zien |
| Referentie(s) | Log in om details te zien |
| Beschrijving voorzijde | Log in om details te zien |
|---|---|
| Opschrift voorzijde | Log in om details te zien |
| Beschrijving keerzijde | Log in om details te zien |
| Opschrift keerzijde | Log in om details te zien |
| Handtekening(en) | Log in om details te zien |
| Beveiligingstype | Watermark panel |
| Beschrijving beveiliging | Vertical watermark panel at right margin of obverse reading '1 MILLIARDE MARK' in an ornamental cartouche, printed in light purple. |
| Varianten | Log in om details te zien |
| Opmerkingen |
The Bayerische Notenbank was one of four surviving German state banks still legally authorized to issue currency under the Reichsbank Law of 1875, a status that became acutely relevant in 1923 when the Reichsbank's own output could not keep pace with hyperinflation's demands. This billion-Mark note — a denomination unimaginable eighteen months earlier — was printed in Munich as a practical response to a collapse already beyond rational measurement. By November 1923, it would be worth a fraction of a US cent.
The watermark panel is the sole security feature, a telling indication of how quickly anti-counterfeiting considerations had become irrelevant when forgery could not keep up with official devaluation.