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2 000 000 000 Mark
| Issuer | Stadt- und Landkreis Aachen |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Printed in red and green on white paper, the note is framed by a multi-layered guilloche border in dark and red tones. The denomination 'Zwei Milliarden Mark' is printed in large red letterpress type at centre, above which the issuing authority 'Stadt- und Landkreis Aachen' and the voucher legend 'Gutschein über' appear in Gothic script. Two circular official seals flank the signature area at lower centre, and a vertical red-framed panel at left bears the validity restriction text in Gothic script, valid until 1 April 1924. |
|---|---|
| Obverse lettering | Stadt- und Landkreis Aachen Gutschein über Zwei Milliarden Mark Dieser Gutschein wird von allen öffentlichen Kassen des Stadt- und Landkreises Aachen in Zahlung genommen. — Aachen, den 12. Oktober 1923 Der Oberbürgermeister i. G. Der Vorsitzende des Kreisausschusses Umlauffähig im ganzen Regierungsbezirk Aachen. Gültig bis zum 1. April 1924. |
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| Comments |
Aachen's city and rural district administration issued this two-billion Mark note in the autumn of 1923, when Reichsbank currency was depreciating so fast that municipal and regional authorities across Germany were printing their own emergency money — Notgeld — simply to meet payroll and keep markets functioning. At this denomination, the note wasn't exceptional; by October 1923, trillion-Mark notes were already circulating elsewhere in Germany.
Aachen's position on the Belgian and Dutch borders gave its hyperinflation a particular edge: hard foreign currency was available just across the frontier, which made the worthlessness of local paper even more visible to the population holding it.