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| 正面描述 | The face is printed in dark brown and olive-gold on cream paper, enclosed by a decorative guilloche border with a dot-and-dash outer frame. Two oval vignettes flank the central text field: at left, a view of the Wangen im Allgäu parish church with its Baroque tower; at right, a view of a arcaded historic town building. The denomination 'Zehn Milliarden' is set in bold Gothic script at the top, with the serial number and asterisk overprinted in dark ink at the lower centre. |
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| 正面铭文 | Zehn Milliarden Die Oberamtssparkasse Wangen zahlt dem Einlieferer dieser Note 10 Milliarden Mark. Wangen i. A., 29. Aug. 1923 Amtskörperschaft Wangen: Oberamtmann Oberamtspfleger 10 Milliarden 10 Milliarden |
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Wangen im Allgäu is a small market town in the Allgäu region of Württemberg, and its local savings institution — the Oberamtssparkasse — was among the hundreds of municipal and district bodies forced to print their own emergency currency during the hyperinflation of 1923. By the time ten-billion-mark denominations were being issued at the district level, the Reichsbank's own presses could not keep pace with the collapsing purchasing power of the currency. Notes like this one were often redeemable for only days before the denomination itself became worthless.
Local Notgeld of this magnitude is frequently printed on low-grade stock by whatever press was available in town.