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10 000 000 000 Marks

Issuer Stadt Bad Ems (City of Bad Ems)
Year 1923
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Value 10 000 000 000 Marks (10 000 000 000)
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Obverse lettering KASSENSCHEIN DER STADT BAD EMS
Zehn Milliarden Mark
Dieser Kassenschein wird jederzeit bei der Stadtkasse in Bad Ems eingelöst.
Bad Ems, den 27. Oktober 1923.
Der Ortskommissar
Umlaufsfähig im ganzen Reg.-Bezirk Wiesbaden. Gültig bis zum 1. April 1924
Reverse description The reverse is unprinted, presenting plain cream-coloured paper with no design, text, or ornamental elements, consistent with the emergency issue character of this Notgeld note.
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Comments

Bad Ems issued this note during the most violent phase of German hyperinflation — by late 1923, municipal and district authorities across the Reich were printing their own Notgeld simply to keep local wages moving, as Reichsbank notes became worthless faster than they could be counted. A ten-billion-mark denomination, unthinkable two years earlier, was routine by November of that year.

Local Notgeld from smaller spa towns like Bad Ems was often printed in very short runs and redeemed quickly, which paradoxically makes certain denominations harder to find than issues from larger industrial cities that printed in greater volume.

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