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1 000 000 000 Mark Krupp
| Issuer | Fried. Krupp Aktiengesellschaft Essen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 000 000 000 Marks (1 000 000 000) |
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| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed entirely in red on plain paper, the reverse carries an elaborate symmetrical guilloche rosette at centre bearing the large numeral "1", flanked by two smaller circular guilloche medallions each containing a triquetra motif. The word "Milliarda" arches above in script lettering and "Mark" curves below, all within a fine engine-turned border. |
| Reverse lettering | Milliarda 1 Mark |
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| Comments |
Krupp was one of the most prolific issuers of Notgeld during the hyperinflation of 1923 — the firm printed its own emergency currency largely to pay wages, since the Reichsbank simply could not supply banknotes fast enough to keep up with collapsing purchasing power. By late 1923, a billion marks was barely enough for a tram ride.
The Fried. Krupp AG notes were printed in-house at Essen and circulated primarily within the factory workforce and surrounding community, functioning as a quasi-scrip redeemable through company channels rather than the banking system.