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1 000 000 000 Mark Landständische Bank des ehem. Sächs. Markgraftums Oberlausitz

Issuer Landständische Bank des ehem. Sächsischen Markgraftums Oberlausitz, Filiale Dresden
Year 1923
Type Local banknote
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Reverse lettering X Nicht girieren! Im Geschäftsverkehr Wie Bargeld zu behandeln.
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Protection description Circular embossed dry seal applied to the lower left area of the obverse; no watermark present.
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The Landständische Bank des ehemaligen Sächsischen Markgraftums Oberlausitz was one of Germany's more unusual regional issuers — a surviving institutional relic of the old Oberlausitz estate system, nominally tracing its corporate lineage back centuries before it found itself printing milliard-denomination emergency currency during the hyperinflation of autumn 1923. The Dresden branch designation on this note distinguishes it from the parent institution seated in Bautzen, and the two offices issued separately catalogued notgeld despite sharing the same institutional name.

By the time this one-milliard-mark note entered circulation, the denomination itself was already being overtaken by events — the Rentenmark stabilization came in November 1923, rendering the entire series obsolete within weeks of issue.

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