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20 000 000 000 Mark Hannoversche Maschinenbau-AG
| Issuer | Hannoversche Maschinenbau-Actien-Gesellschaft (HANOMAG) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Anweisung! Die Hannoversche Maschinenbau-Actien-Gesellschaft vormals Georg Egestorff Hannover-Linden(HANOMAG) bittet,dem Überbringer dieser Anweisung bis zum Betrage von Mark 20 000 000 000 in Worten:Zwanzig Milliarden Mark Waren auszuhändigen und diese Anweisung an unserer Hauptskasse einlösen zu Lassen. Wir bitten bringend,mehrere Anweisungen zusammen vorlegen zu wollen Hannover-Linden. 24.Oktober 1923.Hannoversche Maschinenbau =Act.=Ges.vormals Georg Egestorff Einlieferungsfrist wird durch du Tageszeitungen bekanntgegeben 20 Milliarden. |
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| Protection description | Hakenmaander (Keller#176) |
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| Comments |
HANOMAG — the Hannover locomotive and heavy machinery manufacturer — was among hundreds of German industrial firms forced to print their own emergency money during the hyperinflation of 1923, when the Reichsbank could not supply currency fast enough for payroll. At twenty billion marks, this note dates from the autumn phase of the crisis, when denominations were climbing by orders of magnitude week to week and a single note might not cover a tram fare by the time the ink dried.
The watermarked paper suggests HANOMAG sourced stock from a commercial supplier rather than improvising entirely, which was not always the case with Notgeld of this period.