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100 000 000 000 Mark

Issuer Cities of Eschweiler and Stolberg
Year 1923
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Currency Mark (1914-1924)
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Obverse description Brown and ochre Notgeld voucher (Gutschein) on cream paper, dominated by a large blackletter Gothic vignette reading 'Hundert Milliarden Mark' against a fine guilloche underprint. Central text block states the note is accepted by the municipal cashiers of Eschweiler and Stolberg as well as banks of the Eschweiler-Stolberg industrial group, with validity date of 1 November 1923 and a red overprint on the left margin indicating circulation validity throughout the Aachen Regierungsbezirk until 1 April 1924. Two circular municipal seals appear at the lower centre, flanked by facsimile signatures of the Bürgermeisters, with a red serial number and series letter printed vertically at right.
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Reverse lettering 100 Milliarden Mark / Eschweiler / Stolberg Rhld. / Die Menschen sagen immer, die Zeiten werden schlimmer, die Zeiten bleiben immer, die Menschen werden schlimmer.
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Comments

Eschweiler and Stolberg were neighboring industrial towns in the Rhineland whose municipal authorities, like hundreds of German cities in late 1923, began printing their own emergency currency as the Reichsbank's hyperinflationary spiral made official notes worthless almost immediately upon issue. This joint issuance — two municipalities combining on a single notgeld series — was an administrative convenience driven by the sheer pace of denomination escalation. By the time 100-billion-mark notes were necessary, the printing logistics had become as chaotic as the economics.

The Merkelbach catalog reference places this firmly within the documented Rhineland notgeld corpus, though survival rates for these late hyperinflationary issues vary sharply: many were redeemed almost immediately after the Rentenmark stabilization in November 1923 and pulped.

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