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10 000 000 000 Mark

Issuer Magistrat der Stadt Hamm (Westf.)
Year 1923
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Value 10 000 000 000 Marks (10 000 000 000)
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Obverse description Printed on pale salmon-pink paper with a fine roseate underprint repeating the denomination in large ghost lettering across the centre field. The heading 'Notgeld der Stadt Hamm (Westf.)' runs across the top in bold serif type, below which the denomination 'Zehn Milliarden MARK' is set in large decorative letterpress typography. At lower centre, a validity clause and the issue date of 24 October 1923 are printed in smaller text, flanked by two facsimile signatures above their respective titles; the city coat of arms appears between them, and the denomination '10 Milliarden 10' is repeated vertically in the right-hand tab.
Obverse lettering Notgeld der Stadt Hamm (Westf.)
Zehn
Milliarden
MARK
Dieser Schein hat Gültigkeit bis zum 1. April 1924. Die Einlösung erfolgt bei der Stadthaupt­kasse, der Sparkasse der Stadt Hamm (Westf.) sowie der Stadtbank.
HAMM (Westf.), den 24. Oktober 1923.
Der Magistrat der Stadt Hamm (Westf.)
Schlichter, Oberbürgermeister.
Dr. Jovy, Stadtrat.
10 Milliarden 10
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Comments

Hamm issued this 10-billion-Mark note during the peak of the German hyperinflation crisis — by October 1923, municipal authorities across the Reich were printing their own Notgeld simply to meet payroll, since Reichsbank currency was losing value faster than it could be shipped. The Magistrat's signatures of Oberbürgermeister Schlichter and Stadtrat Dr. Jovy gave the note local legal weight, though it was valid only within the city's jurisdiction.

The denomination itself tells the story. Ten billion marks bought roughly what a single mark had purchased four years earlier.

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