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1 000 000 000 Mark Reichsbanknote
| Issuer | Reichsbank |
|---|---|
| Year | 1923 |
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| Currency | Mark (1873-1923) |
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| Obverse description | The face is dominated by the large bold typeset denomination legend 'EINE MILLIARDE' spanning the upper portion of a pale green guilloche underprint, above which the title 'REICHSBANKNOTE' is printed in sans-serif capitals. The central text block states the obligation of the Reichsbankhauptkasse in Berlin, dated 20. Oktober 1923, flanked on either side by circular Reichsbankdirektorium eagle seals. The lower portion carries twelve facsimile signatures of the Reichsbankdirektorium members, with a vertical anti-counterfeiting warning legend printed along the left margin. |
|---|---|
| Obverse lettering | REICHSBANKNOTE EINE MILLIARDE MARK ZAHLT DIE REICHSBANKHAUPTKASSE IN BERLIN GEGEN DIESE BANKNOTE DEM EINLIEFERER. VOM 1. FEBRUAR 1924 AB KANN DIESE BANKNOTE AUFGERUFEN UND UNTER UMTAUSCH GEGEN ANDERE GESETZLICHE ZAHLUNGSMITTEL EINGEZOGEN WERDEN BERLIN, DEN 20. OKTOBER 1923 REICHSBANKDIREKTORIUM WER BANKNOTEN NACHMACHT ODER VERFÄLSCHT, ODER NACHGEMACHTE ODER VERFÄLSCHTE SICH VERSCHAFFT UND IN VERKEHR BRINGT, WIRD MIT ZUCHTHAUS NICHT UNTER ZWEI JAHREN BESTRAFT |
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| Comments |
By September 1923, when this note entered circulation, the Reichsbank was printing denominations that would have been unthinkable two years earlier. The one-billion Mark note was itself obsolete almost immediately — within weeks, notes of 100 billion Mark were required for basic transactions. The Reichsdruckerei was running presses around the clock, and paper supply became as serious a bottleneck as ink and labor.
The stabilization came with the introduction of the Rentenmark on 15 November 1923, at a rate of one Rentenmark to one trillion paper Mark. This note, at one billion, was worth precisely one one-thousandth of that new unit at the moment of conversion.