Catalog
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| Issuer | Province of Westphalia |
|---|---|
| Year | 1923 |
| Type | Emergency coin |
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|---|---|
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| Reverse script | Latin (Fraktur blackletter) |
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| Mintage | 1923 - - 11,113 |
| Additional information |
By October 1923, Germany's hyperinflation had grown so extreme that the Reichsbank could no longer supply enough currency for ordinary commerce. Provincial and municipal authorities — Notgeld issuers — stepped in with emergency money denominated in figures that would have been unimaginable two years earlier. Westphalia's trillion-mark piece is among the largest-denomination coins ever struck for actual circulation, not as a novelty but out of genuine fiscal necessity.
The Freiherr vom Stein referenced here is Karl vom Stein, the Prussian reformer who reorganized the German administrative state after Napoleon's devastation — a pointed choice for a Westphalian issue, as Stein was instrumental in establishing the provincial structures that made such regional emergency authority possible.