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10 000 000 000 Mark
| Issuer | Stadtgemeinde Frankenstein in Schlesien (City of Frankenstein, Lower Silesia) |
|---|---|
| Year | 1923 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Plain cream paper Notgeld voucher (Gutschein) printed in teal-blue letterpress, enclosed within a geometric border of fine parallel rules and corner ornaments. The denomination 'Zehn Milliarden Mark' is set in large bold Gothic type at centre, above a three-line liability clause and validity notice in smaller roman type, with the issuing place and date 'Frankenstein i. Schles., 30. Oktober 1923' printed below. The series designation 'SERIE B' appears at lower left alongside a typeset serial number prefixed by 'No' and a floral ornament, while the authority line 'Der Magistrat.' with a manuscript signature occupies the lower right. |
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| Obverse lettering | Gutschein über Zehn Milliarden Mark Für den Betrag von 10 Milliarden Mark haftet die Stadtgemeinde Frankenstein in Schlesien. Die Reichsbank nimmt diesen Gutschein in Zahlung. Die Gültigkeit erlischt mit dem vom Magistrat bekanntzugebenden Zeitpunkte. Frankenstein i. Schles., 30. Oktober 1923. SERIE B Der Magistrat. |
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| Comments |
Frankenstein in Schlesien — now Ząbkowice Śląskie in Poland — was one of hundreds of German municipalities forced to issue emergency currency during the hyperinflation of 1923, when the Reichsmark was collapsing so rapidly that the Reichsbank simply could not print denominations fast enough to keep pace with daily price changes. By October 1923, ten billion marks would not have bought a loaf of bread. Municipal notgeld at this level of denomination was often printed on whatever stock was available locally, which accounts for the variation in paper quality across surviving examples from the same series.
The Rentenmark reform of November 1923 rendered all such issues worthless essentially overnight.