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100 000 000 000 Mark

Issuer Stadt- und Landkreis Aachen
Year 1923
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Value 100 000 000 000 Mark (100 000 000 000)
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Obverse description Printed in ochre-yellow on white paper, the note carries a rich woodcut-style vignette across the main panel depicting medieval figures — a crowned king at centre, ecclesiastical dignitaries to the left, and an angel to the right — with a Gothic cathedral rendered in the background. The denomination '100 Milliarden Mark' is set in large blackletter (Fraktur) typeface at centre, above the issuing authority text and date. A narrow left stub panel, separated by a ruled border, bears a vertical overprint in black stating validity conditions, while two circular official seals — one for the city and one for the district of Aachen — flank the signature line at the foot of the note.
Obverse lettering Stadt- und Landkreis Aachen. Gutschein über 100 Milliarden Mark Dieser Gutschein wird von allen öffentlichen Kassen des Stadt- und Landkreises Aachen in Zahlung genommen Aachen, den 12. Oktober 1923 Der Oberbürgermeister: Der Vorsitzende des Kreisausschusses: Umlauffähig im ganzen Regierungsbezirk Aachen. Gültig bis zum 1. April 1924.
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Aachen's municipal authority issued this 100-billion Mark note in the autumn of 1923, during the absolute peak of Weimar hyperinflation — a period when the Reichsbank could no longer supply enough emergency currency fast enough, forcing cities, counties, and private firms to print their own notgeld. Aachen, sitting on the western border with Belgium and the Netherlands, was simultaneously under French and Belgian military occupation as part of the Rhineland enforcement of the Versailles reparations terms, which added a layer of administrative chaos to an already collapsing monetary situation.

The watermarked paper is notable — most municipal emergency issues of this denomination used whatever stock was available without security features.

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