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10 000 000 000 Mark Reichsbanknote
| Issuer | Reichsbank |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | The obverse is typeset in a utilitarian letterpress style on cream paper, with a fine diamond-pattern guilloche underprint in pale green and brown. The denomination 'Zehn Milliarden Mark' is set in bold Gothic blackletter script dominating the upper half, below the heading 'Reichsbanknote' and an alphanumeric serial number at upper right. Two circular Reichsbankdirektorium seals bearing the Imperial Eagle flank a block of twelve facsimile signatures of the Reichsbank directorate, with the issue date 'Berlin, den 15. September 1923' and an anti-counterfeiting warning legend at the foot. |
|---|---|
| Obverse lettering | Reichsbanknote Zehn Milliarden Mark zahlt die Reichsbankhauptkasse in Berlin gegen diese Banknote dem Einlieferer. Vom 1. Januar 1924 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere gesetzliche Zahlungsmittel eingezogen werden Berlin, den 15. September 1923 Reichsbankdirektorium Wer Banknoten nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft |
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| Comments |
By late 1923, Germany's hyperinflationary spiral had pushed the Reichsbank into printing denominations that would have been unthinkable eighteen months earlier. This 10-billion Mark note — the Reichsbanknote zu zehntausend Millionen Mark — was itself obsolete within weeks of issue, overtaken by the 100-billion denomination that followed as the crisis peaked in November 1923.
The Reichsdruckerei was running presses around the clock, and quality control suffered accordingly. Paper stock varied between print runs, and many surviving examples show ink transfer from stacking before the sheets had fully dried.
Stabilization came on 15 November 1923 with the introduction of the Rentenmark at a conversion rate of one trillion old Marks to one new unit.