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 Reichsbahndirektion
| Issuer | Reichsbahndirektion Stuttgart |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 20 000 000 000 Marks (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 | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Watermarked paper |
| Variants | Log in to see details |
| Comments |
The Reichsbahndirektionen — regional railway directorates — became emergency money issuers during the hyperinflation peak of late 1923 because the Reichsbank simply could not print and distribute currency fast enough to keep pace with collapsing purchasing power. Stuttgart's directorate was among dozens of regional authorities, municipal bodies, and private firms that filled the gap with their own notgeld, denominated in figures that would have been unimaginable two years earlier.
By the time twenty-billion-mark notes were being issued, the denomination was covering little more than a tram fare. The Rentenmark reform of November 1923 rendered the entire series worthless within weeks of issue.