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10 000 000 000 000 Mark
| Issuer | Stadtkasse Buer i. Westfalen |
|---|---|
| Year | 1923 |
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| Reference(s) | DeNG 7/8#659g |
| Obverse description | Salmon-red and blue letterpress Notgeld issued by the Stadtkasse of Buer i. Westfalen, dated 23 Oktober 1923. The left portion carries the municipal arms of Buer at lower left — a crowned tower above a tree on a quartered shield — alongside the large bold denomination '10 BILLIONEN' and the issuing authority text, below which two manuscript signatures appear over a BUER stamp from Der Magistrat. A vertical right-hand coupon panel, separated by a ruled border, bears the words 'ZEHN BILLIONENMARK' printed sideways. |
|---|---|
| Obverse lettering | GUTSCHEIN DER STADT BUER I. W. 10 BILLIONEN MARK ZAHLT DIE STADT-KASSE DER STADT BUER I. WESTF. DEM EINLIEFERER DIESES GUTSCHEINES BUER I.W., DEN 23. OKTOBER 1923 DER MAGISTRAT: BUER DIESER SCHEIN VERLIERT SEINE GÜLTIGKEIT EINEN MONAT NACH AUFRUF IN DEN TAGESZEITUNGEN ZEHN BILLIONENMARK |
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| Comments |
Buer was an independent industrial city in the Ruhr — absorbed into Gelsenkirchen only in 1928 — and like hundreds of German municipalities in late 1923, the Stadtkasse issued its own emergency currency when the Reichsbank simply could not print fast enough to keep pace with hyperinflation. By the time notes at this denomination were being struck, the mark was losing value within hours of issue, which forced local authorities to produce and distribute currency at a pace that made quality control essentially impossible.
Ten trillion marks. At the peak of the collapse, that bought roughly a loaf of bread.