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20 000 000 000 Mark
| Issuer | Stadt- und Landkreis Aachen |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Printed in yellow-gold on plain white paper, the reverse is enclosed within a zigzag outer border and an inner rectangular frame filled with a repetitive lozenge guilloche pattern. At centre, two heraldic shields are set side by side — the left charged with a sword and episcopal cross representing the arms of Aachen city, the right charged with crossed mining hammers for the rural district — with the denomination '20 MILLIARDEN' in bold capitals along the lower portion of the central field. |
| Reverse lettering | 20 MILLIARDEN |
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| Comments |
Aachen's municipal authority issued this note at the absolute peak of the Weimar hyperinflation spiral — twenty billion marks, a denomination that would have been unimaginable a year earlier. The Stadt- und Landkreis issues of late 1923 were emergency Notgeld in the truest sense, printed to fill the void left by a Reichsbank utterly incapable of supplying usable currency fast enough to keep pace with daily price movements. By the time notes like this reached circulation, their purchasing power was already eroding within hours.
Aachen's position in the occupied Rhineland added a further complication: French and Belgian troops had been in the region since the Ruhr occupation began in January 1923, creating a parallel currency environment that made local emergency issues both necessary and politically charged.