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10 000 000 000 Mark

Issuer Stadtrat Reichenbach im Vogtland
Year 1923
Type Local banknote
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Obverse description Cream-toned notgeld gutschein printed in black and olive-gold on plain paper, with a decorative letterpress border of interlocking geometric and floral guilloche ornaments. The denomination 'Zehn Milliarden Mark' is set in a bold blackletter typeface at centre, above a multi-line text body naming the municipal treasuries of Reichenbach, Mylau, and Netzschkau as paying institutions, with the issue date 'Reichenbach i. V., am 29. Oktober 1923' below. The city arms of Reichenbach — a shield bearing a tower and seated figure — appear at lower centre, flanked by the authority line 'Der Stadtrat' and the Bürgermeister's manuscript signature; the series designation 'Serie B' and 'GUTSCHEIN.' appear at upper left and centre respectively, with a vertical denomination panel in blue at the right margin.
Obverse lettering Serie B
GUTSCHEIN.
Gültig im Bezirke der Städte Reichenbach, Mylau
und Netzschkau sowie in deren näherer Umgebung.
Zehn Milliarden Mark
zahlen die städtischen Kassen zu Reichenbach, Mylau und Netzschkau sowie die Reichenbacher Bank A.-G. und Zweiganstalt der Girozentrale Sachsen in Reichenbach i. V.
gegen Rückgabe dieses Gutscheins innerhalb der bekannt gegebenen Laufzeit.
Reichenbach i. V., am 29. Oktober 1923.
Der Stadtrat.
Bürgermeister.
Wer Gutscheine nachmacht oder verfälscht oder nachgemachte od. verfälschte sich verschafft und in Vertehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft.
10 Milliarden Mark
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Comments

Reichenbach im Vogtland was a mid-sized textile manufacturing town in Saxony, and like hundreds of German municipalities in late 1923, its city council was forced to print its own emergency currency — Notgeld — as the Reichsmark collapsed under hyperinflation. The ten-billion-mark denomination signals precisely when this was issued: October or November 1923, the terminal phase, when the Reichsbank itself was printing notes in denominations that would have been incomprehensible two years earlier.

Carl Werner's Reichenbach print shop handled the job locally, which was typical of late-series municipal Notgeld — Berlin couldn't keep up.

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