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20 000 000 000 Mark Landesbank der Rheinprovinz
| Issuer | Landesbank der Rheinprovinz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | J. P. Bachem, Cologne, Germany |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse repeats the same dark olive-green guilloche border and scalloped frame enclosing a large central lozenge vignette on a lathe-work underprint. At centre, a detailed heraldic vignette shows the arms of the Rhine Province — an eagle atop a quartered shield with supporters — rendered in fine intaglio-style line engraving. Arching around the upper and lower perimeter of the oval in blackletter script are the denomination and issuer name. |
| Reverse lettering | Zwanzig Milliarden Mark Landesbank der Rheinprovinz |
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| Comments |
The Landesbank der Rheinprovinz was a Prussian provincial institution, not a central bank, yet during the hyperinflation of 1923 it joined dozens of German regional banks, municipalities, and industrial firms in issuing Notgeld simply to keep commerce functioning. The Reichsbank could not print fast enough. J. P. Bachem, a Cologne-based Catholic publishing house with a long printing history, was a practical local choice — proximity mattered when denominations were being revised weekly and transport delays could render a shipment worthless before it arrived.
Twenty billion marks. By late 1923, that figure bought roughly a loaf of bread.