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1 000 000 000 Mark Deutsch-Luxemburgische Bergwerks- und Hütten-AG
| Issuer | Deutsch-Luxemburgische Bergwerks- und Hütten-AG, Abteilung Friedrich Wilhelms-Hütte, Mülheim an der Ruhr |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Green and pink guilloche underprint covers the entire field, with the denomination numeral "1000.000.000" set in large bold type at the top, followed by the value in Gothic Fraktur script "Eine Milliarde Mark" spanning the central zone. The lower portion carries a multi-line text block in smaller Fraktur script detailing redemption conditions, the place and date of issue (Mülheim a. d. Ruhr, 16. August 1923), and the issuing branch name; two manuscript signatures appear at lower right. Series letter and serial number are printed at lower left. |
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| Obverse lettering | Gutschein über 1000.000.000 Mark. Eine Milliarde Mark Dieser Gutschein verliert seine Gültigkeit 14 Tage nach Aufruf in den Mülheimer Tageszeitungen und wird bis dahin bei allen Banken in Mülheim a. d. Ruhr eingelöst. Mülheim a. d. Ruhr, den 16. August 1923. Deutsch-Luxemburgische Bergwerks- und Hütten-A.-G. Abtg. Friedrich Wilhelms-Hütte. Serie N |
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| Comments |
Deutsch-Luxemburgische Bergwerks- und Hütten-AG was one of the great integrated steel and mining combines of the Ruhr — part of Hugo Stinnes's industrial empire, which by 1923 had grown to encompass hundreds of companies across coal, steel, shipping, and press. This billion-Mark note was issued by the Friedrich Wilhelms-Hütte division in Mülheim as emergency notgeld, a legal necessity once hyperinflation made Reichsbank supply functionally useless for meeting weekly payrolls.
Stinnes died in April 1923; the combine began unraveling shortly after, collapsing entirely by 1925.