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10 000 000 000 Mark
| Issuer | Cities of Eschweiler and Stolberg |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 000 Mark (10 000 000 000) |
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| Obverse description | Notgeld issued jointly by the cities of Eschweiler and Stolberg, printed in dark ink on pink paper with a fine guilloche underprint; the denomination 'Zehn Milliarden Mark' appears in large ornate blackletter script at centre, surmounted by the heading 'Gutschein über'. A letterpress text block below states the conditions of acceptance by the municipal treasuries and industrial banks of the Eschweiler–Stolberg district, followed by the date '13 OKT 1923' and the legend 'DIE BÜRGERMEISTER', accompanied by two circular municipal seals and two manuscript signatures. A red-framed rectangular overprint at left reads 'Umlauffähig im ganzen Regierungsbezirk Aachen. Gültig bis zum 1. April 1924', with the series designation 'Reihe A' and a typeset serial numeral at lower left. |
|---|---|
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| Reverse lettering | Milliarden ESCHWEILER STOLBERG Milliarden Zehn Milliarden Mark |
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| Comments |
During the hyperinflation crisis of autumn 1923, German municipal authorities were legally permitted — and practically compelled — to issue their own emergency currency, known as Notgeld, when the Reichsbank could not supply denominations large enough to meet daily wages. Eschweiler and Stolberg, both industrial towns in the Rhineland coal and metals belt, issued this note jointly, an administrative arrangement that was uncommon even among the proliferating Notgeld issuers of the period.
By the time ten-billion-mark denominations were necessary, the purchasing power of the sum had already eroded to roughly bus-fare equivalent. The Rentenmark reform of November 1923 rendered all such issues worthless within weeks.