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| Issuer | Rheinische Stahlwerke AG, Duisburg-Meiderich |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 10 000 000 000 Mark (10 000 000 000) |
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|---|---|
| Obverse lettering | REIHE BC No (Serial Number) DIE RHEINISCHEN STAHLWERKE AG DUISBURG MEIDERICH ZAHLEN DEM EINLIEFERER DIESES SCHEINES 10 MILLIARDEN MARK MILLIARDEN MARK DUISBURG MEIDERICH 29 SEP 1923 RHEINISCHE STAHLWERKE (Translation: SERIES BC THE RHEINISCHE STAHLWERKE AG DUISBURG MEIDERICH PAY TO THE DEPOSITOR OF THIS NOTE 10 BILLION MARKS BILLION MARKS DUISBURG MEIDERICH 29 SEP 1923 RHEINISCHE STAHLWERKE) |
| Reverse description | The reverse is printed entirely in red, dominated by a bold geometric lattice underprint composed of repeating Roman numeral 'X' characters arranged in a regular grid pattern across the full field. The large denomination numeral '10' is superimposed at centre within a circular outline, with 'RHEINSTAHL' set in large block capitals along the top border and 'MILLIARDEN' along the bottom border, all letterpress-printed within a plain rectangular frame. |
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| Comments |
Rheinische Stahlwerke AG was one of the major Ruhr industrial firms that issued its own emergency currency — Notgeld — during the hyperinflation peak of late 1923, when the Reichsbank simply could not print and distribute currency fast enough to meet wage demands. Large employers with their own printing facilities stepped in to pay workers directly, issuing denominations that would have been unimaginable twelve months earlier. A ten-billion-mark note for factory wages.
The Ruhr occupation by French and Belgian forces beginning in January 1923 had already strangled the region's industrial output. By the time notes at this denomination were being issued, the Rentenmark stabilization was only weeks away, rendering the entire series obsolete almost immediately upon printing.