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1 000 000 000 Mark Spinnerei & Weberei

Issuer Spinnerei & Weberei Steinen A.G.
Year 1923
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Size 166 x 84 mm
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Obverse description Typeset letterpress Notgeld voucher on pink guilloche underprint with a fine diamond-pattern ground. Central text block carries the serial number and denomination in bold display type, with the issuer's circular rubber stamp at centre. A vertical right panel repeats the denomination rotated 90°, bordered by ornamental rules.
Obverse lettering Gutschein über Eine Milliarde Mark
Eine Milliarde Mark
Steinen, den 16. Oktober 1923
Spinnerei & Weberei Steinen A.G.
1 Milliarde
Einzulösen an der Hauptkasse!
(Translation: Voucher for One Billion Marks
One Billion Marks
Steinen, October 16, 1923
Spinning & Weaving Steinen A.G.
1 Billion
To be redeemed at the main cash desk!)
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Comments

A privately issued Notgeld from the height of the German hyperinflation, this billion-mark note was produced by a textile company — a spinning and weaving mill in Steinen, Baden — to pay its own workers when the Reichsbank simply could not supply currency fast enough. Firms across southern Germany resorted to this in 1923, and many printed their own denominations faster than the government could print zeroes.

Uehlin of Schopfheim, a regional commercial printer, handled production. The choice was purely logistical — close, fast, and available.

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