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10 000 000 000 Mark Landesbank der Provinz Westfalen
| Issuer | Landesbank der Provinz Westfalen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Printed on firm, textured white paper with a dark orange underprint. The text block, rendered in black letterpress, carries the issuing institution's name, the denomination spelled out in full in large Gothic script, and the place and date of issue. A six-digit serial number printed in green appears with an asterisk to the right and a prefix character, placed vertically along one edge. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse is blank; the note is uniface, with no printed design or lettering on this side. The watermarked paper stock bearing the Westfalenwappen device is visible when held to light. |
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| Comments |
Ten billion marks. This note was issued during the peak of the German hyperinflation spiral — by autumn 1923, the Reichsbank could not print fast enough to meet demand, and provincial institutions like the Landesbank der Provinz Westfalen were authorized to issue their own emergency currency, Notgeld, to keep commerce from seizing up entirely. These were not fringe operations; the Westfalen Landesbank was a substantial public credit institution backed by the provincial government.
Printed locally in Münster rather than sent to one of the major national printers, which accounts for the relatively modest production quality compared to notes from Giesecke & Devrient or the Reichsdruckerei. The watermark is about the only concession to security on a note whose face value would have bought a loaf of bread — briefly.