Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
20 000 000 000 Mark
| Issuer | Stadthauptkasse Hannover (City of Hanover) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 20 000 000 000 Mark (20 000 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | MAGISTRAT HANNOVER |
| Signature(s) | Log in to see details |
| Protection type | Embossed seal |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Hannover's city treasury issued this note during the hyperinflationary peak of autumn 1923, when the Reichsbank could not supply currency fast enough to meet daily demand. Municipalities, businesses, and even transit companies issued their own emergency money — Notgeld — to keep commerce moving. At 20 billion Mark, this denomination reflects the final weeks before the Rentenmark stabilization in November 1923 effectively ended the inflation crisis.
Gebrüder Jänecke was a well-established Hannover printing house, which kept production local and fast. The embossed seal was the city's attempt at rudimentary authentication on paper that was, by then, worth less than the cost of printing it.