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100 000 000 000 Mark

Issuer Stadtkasse Giengen an der Brenz
Year 1923
Type Local banknote
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Obverse description Brown letterpress note with a fine dotted-border frame enclosing the text field above and a panoramic photographic vignette of the Giengen an der Brenz townscape below, dominated by the twin-towered church. A small cartouche at lower right bears the Württemberg unicorn arms within an oval. Two cancellation punch holes appear at centre, with an official circular blue ink stamp overlaying the manuscript signatures.
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Reverse description Plain cream paper printed in brown letterpress with minimal design. The denomination in large bold type occupies the centre field, framed by two horizontal rules. Issuer name appears at top and an anti-counterfeiting warning at bottom. Two cancellation punch holes are visible at left and right centre.
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Comments

Giengen an der Brenz is a small Swabian town best known today as the birthplace of the Steiff teddy bear. In October 1923, its municipal treasury was printing hundred-billion-mark notes — a figure that would have been incomprehensible to any German five years earlier. The Stadtkasse issued this Notgeld locally through G. Schmid's print shop because the Reichsbank simply could not supply currency fast enough; by late 1923, the central presses were running around the clock and still falling behind inflation that doubled prices every few days.

The Rentenmark reform of November 1923 rendered the entire series worthless within weeks of printing.

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