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| 正面描述 | Central vignette shows a large palatial building, likely the Bruchsal Palace (Schloss Bruchsal), rendered in a detailed letterpress engraving style set within a decorative frame. The denomination '10 Milliarden Mark' appears in bold Gothic lettering at the top, with the issuing authority 'Gutschein der Stadt Bruchsal' in large type at the foot. A handwritten signature of the Oberbürgermeister and a green serial number appear to the right, accompanied by a dry embossed seal stamp; anti-counterfeiting warning text and redemption conditions are printed in smaller Gothic script on the left margin. |
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| 正面铭文 | Zehn Milliarden Mark zahlt die Stadtgemeinde Bruchsal dem Einlieferer dieses Scheins. Bruchsal, den 24.Oktober 1923. Der Oberbürgermeister |
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Bruchsal's municipal administration became a currency issuer by necessity, not ambition. By late 1923, the Reichsbank could not print fast enough to keep pace with hyperinflation, so hundreds of German municipalities and commercial entities issued their own emergency notes — Notgeld — under emergency authorization. This 10-billion Mark piece represents the upper registers of that collapse: denominations in the ten-figure range were common only in the final weeks before the Rentenmark stabilization of November 1923.
Heinrich Bürst Schletter AG was a local printer, not a specialist security printing house, which makes the inclusion of a watermark paper stock notable — sourced rather than produced in-house.