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100 000 000 000 Mark

Issuer Stadt Düsseldorf (City of Düsseldorf)
Year 1923
Type Local banknote
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Obverse description Printed in dark brown and green on light pink paper, the obverse is framed by a scalloped guilloche border, with the large numeral '100' at the upper left and 'MILLIARDEN MARK' in bold Gothic letterpress below; 'Stadt Düsseldorf' appears in blackletter script across the top, and a red serial number with 'Reihe II' designation occupies the upper right. The lower left carries a cursive payment obligation text dated 20 October 1923, signed on behalf of the Oberbürgermeister, while the lower right bears a circular vignette of the Düsseldorf civic lion heraldic device. A red overprint stamp along the left margin restricts circulation to the occupied territory of Regierungsbezirk Düsseldorf, with validity stated until 1 April 1924.
Obverse lettering STADT DÜSSELDORF REIHE II 100 MILLIARDEN MARK Die Stadt Düsseldorf zahlt bei ihren sämtlichen Kassen dem Vorzeiger Hundert Milliarden Mark. Der Zeitpunkt der Einlösung wird öffentl. bekanntgemacht. Düsseldorf den 20. Okt. 1923 Der Oberbürgermeister i.V. UMLAUFSFÄHIG IM GANZEN ALTBESETZTEN TEILE DES REG.-BEZ. DÜSSELDORF; GÜLTIG BIS ZUM 1. APRIL 1924
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Comments

This note was issued by the city of Düsseldorf under the emergency currency provisions that allowed German municipalities to print their own Notgeld when the Reichsbank could no longer supply adequate denominations fast enough to keep pace with hyperinflation. By late 1923, the rate of price increases made even 100-billion-Mark notes functionally small change within days of issue — the Rentenmark reform in November 1923 rendered the entire series worthless almost immediately.

Municipal issues from the Rhineland during this period carry an additional layer of instability: Düsseldorf was under French and Belgian occupation at the time, and the Ruhr crisis had severely disrupted both industrial output and the flow of Reich currency into the region.

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