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| 正面铭文 | Stadtgemeinde Rheinfelden / Baden 10.000.000.000 Mark Zehn Milliarden Mark Rheinfelden (Baden) 29. Oktober 1923. Der Gemeinderat: Gültig bis zum Aufruf. Hab mich lieb und behalte mich. Rheinfelden 1890: 25 Einwohner. ★ 1899: Fertigstellung des ersten Rheinkraftwerks, Ansiedlung grösserer Industrien 1920: Rathausbau, 1921: Eingemeindung von Warmbach 1922: Ueber 5000 Einwohner Erhebung zur Stadtgemeinde 1921-23: 60 Gemeinde-Wohnungen erbaut ★ 1921-23: Industrie, Baugenossenschaft, Private 110 Wohnungen erstellt |
| 背面描述 | The reverse carries a full-width line-engraved vignette of the Rhine bridge at Rheinfelden with the town's skyline in the background, including a prominent church tower and wooded hillside rendered in fine cross-hatching. The initials 'E. ST.' appear at the lower left of the illustration, identifying the artist. Teal-printed inscriptions head the composition with the town name and motto, and the denomination 'Zehn Milliarden Mark' is set in bold teal lettering along the lower margin. |
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Rheinfelden's ten-billion-mark note was issued at the absolute peak of the Weimar hyperinflation — by November 1923, even this denomination was barely sufficient for basic transactions. Municipal bodies across Germany were forced into emergency currency production because the Reichsbank simply could not print and distribute legal tender fast enough to keep pace with collapsing purchasing power. Stadtgemeinde Rheinfelden, a small Baden border town on the Rhine opposite its Swiss namesake, was among hundreds of local authorities issuing Notgeld of this kind during the final weeks before the Rentenmark stabilization of mid-November 1923.
The sheer face value — ten billion marks — tells the whole story of that autumn.