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10 000 000 000 Mark
| Issuer | Lippische Landesbank Staatliche Kreditanstalt |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 000 Mark (10 000 000 000) |
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| Obverse description | Typeset note printed in black on a pink and grey guilloche underprint, enclosed within an ornate frame of intricate scrollwork borders. The denomination "Zehn Milliarden" appears in large Gothic Fraktur script at the centre, with the value "10 Milliarden Mark" stated in the upper right. Two circular bank seals are positioned at the lower left and right flanking three manuscript signatures, with the issuing authority "Lippische Landesbank Staatliche Kreditanstalt" inscribed along the bottom. |
|---|---|
| Obverse lettering | 10 Milliarden Mark Zehn Milliarden zahlt die Lippische Landesbank Staatliche Kreditanstalt in Detmold dem Einlieferer dieses Scheines. Dieser Schein verliert seine Gültigkeit, wenn er nicht bis zum 31. Dez. 1923 zur Einlösung vorgelegt wird. Für die Verbindlichkeiten der Lippischen Landesbank Staatliche Kreditanstalt in Detmold haftet neben ihrem eigenen Vermögen der Lippische Staat. Detmold, den 23. Oktober 1923. Lippische Landesbank Staatliche Kreditanstalt |
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| Comments |
The Lippische Landesbank issued this 10-billion-Mark note as an emergency Notgeld instrument during the peak weeks of the German hyperinflation in late 1923 — a period when the Reichsbank's printing capacity was so overwhelmed that regional banks and even private firms were formally authorized to issue their own currency. The free state of Lippe-Detmold was among the smaller German states to exercise this right, and its state credit institution turned to local printer Wiegand & Frank, whose press was already well-acquainted with the volume demands of the crisis.
By the time this denomination was printed, it was already functionally inadequate — 10 billion Marks bought little more than a loaf of bread in October 1923.