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10 000 000 000 Mark
| Issuer | Provinzialausschuss der Provinz Schleswig-Holstein |
|---|---|
| Year | 1923 |
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| Printer | Hartung & Co., Hamburg, Germany |
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| Obverse description | The obverse is printed in dark brown on cream paper and divided into two distinct vertical panels. The left panel carries the provincial arms of Schleswig-Holstein — a quartered shield with a nettle leaf and two lions — surmounted by Gothic lettering reading 'Provinz Schleswig-Holstein', with a vertical guilloche band of interlocking diamond patterns separating it from the right panel. The right panel bears the large denomination '10 Milliarden Mk.' in bold Gothic script at the top, followed by the payment obligation text in Kurrent script, validity clause, issuing authority line, and three manuscript signatures at the foot. |
|---|---|
| Obverse lettering | Provinz Schleswig-Holstein 10 Milliarden Mk. zahlt die Landeshaupt-Kasse in Kiel gegen diesen Gutschein dem Einlieferer Dieser Gutschein verliert einen Monat nach erfolgter Aufforderung zur Einlösung seine Gültigkeit + Kiel 1. Nov. 1923 Der Provinzialausschuss + Der Landeshauptmann |
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| Comments |
Schleswig-Holstein's provincial committee issued this ten-billion Mark note in the autumn of 1923, when the Reichsbank simply could not supply enough currency to meet payroll demand across German regions. Provincial and municipal authorities were legally empowered to issue their own Notgeld — emergency money — and many did so at denominations that would have been unthinkable eighteen months earlier. The inflation was moving faster than the presses.
Hartung & Co. in Hamburg handled a significant volume of northern German emergency currency during this period, turning around new denominations within days as the zeroes multiplied. By November 1923, this note's face value had become economically meaningless — the Rentenmark stabilization effectively retired the entire hyperinflationary series overnight.