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20 000 000 000 Mark overprint on 10 Mark

Issuer Stadt Marburg (City of Marburg, Prussian province of Hesse-Nassau)
Year 1923
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Value 20 000 000 000 Marks (20 000 000 000)
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Obverse description The original 1918 Stadt Marburg 10 Mark Notgeld note, printed in green and black, with a central letterpress vignette of the Marburg townscape framed by the large bold numeral '10' and the denomination 'ZEHN MARK' at the foot; artist credits 'HERMANN' and 'KATELHÖN' appear in small type at the lower margins. A diagonal red overprint across the centre revalues the note to '20 - Zwanzig - Milliarden Mark', accompanied by additional overprinted text specifying the new validity period and the issuance date of 25 October 1923. The serial number and magistrate signatures appear within the lower panel of the original note.
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Reverse lettering DIESER GUTSCHEIN VER-
LIERT SEINE GÜLTIGKEIT
WENN ER NICHT INNER-
HALB EINES MONATS NACH
ERFOLGTER ÖFFENTLICHER
AUFFORDERUNG DES MA-
GISTRATS BEI DER STADT-
HAUPTKASSE ZU MARBURG
EINGELÖST WIRD DIESE AUF-
FORDERUNG ERFOLGT SPÄ-
TESTENS AM 2. JANUAR 1919
DER MAGISTRAT: (Signatures)
MARBURG DEN 11. OKT 1918
(Translation: THIS VOUCHER WILL LOSE ITS VALIDITY IF IT IS NOT REDEEMED WITHIN ONE MONTH OF A PUBLIC REQUEST FROM THE MAGISTRATE AT THE MARBURG CITY TREASURY. THIS REQUEST WILL BE MADE NO LATER THAN 2 JANUARY 1919. THE MAGISTRATE: (Signatures)
MARBURG, 11 OCT 1918)
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Comments

Marburg's municipal administration was one of hundreds of German local authorities forced to issue their own emergency currency during the hyperinflation of 1923, when the Reichsbank simply could not produce denominations large enough fast enough. The overprint method — stamping an astronomical new face value onto existing low-denomination stock — was the fastest available solution, and this note is a direct artifact of that logistical desperation. By the time 20-billion-mark notes were circulating, a single loaf of bread in many German cities cost several times that figure.

The underlying 10 Mark base note was already obsolete the moment the ink dried.

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