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10 000 000 000 Mark
| Issuer | Magistrat der Stadt Cottbus (Notgeld, Prussian province of Brandenburg) |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein der Stadt Cottbus. Zehn Milliarden Mark Dieser Gutschein verliert einen Monat nach Aufruf im Cottbuser Anzeiger seine Gültigkeit. Cottbus, den 24. Oktober 1923. Der Magistrat. 10 MILLIARDEN |
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| Protection description | Circular embossed stamp of the Magistrat Cottbus applied at lower right of obverse. |
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| Comments |
By late 1923, German municipal authorities were printing their own emergency currency in denominations that would have been unimaginable two years earlier. Cottbus's Magistrat issued this 10-billion-Mark note through Otto Enke, a local commercial printer — not a security printing house — which was entirely typical of Notgeld production at the hyperinflation's peak, when the Reichsdruckerei could not remotely keep pace with demand.
An official seal substitutes for more sophisticated anti-counterfeiting measures, though by this point forgery was economically pointless: inflation was outpacing any forger's press run within days of issue.