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 Sächsische Bank
| Issuer | Sächsische Bank zu Dresden |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| 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 | 20 MILLIARDEN(4) SÄCHSISCHE BANKNOTE ZWANZIG MILLIARDEN MARK zahlt die Sächsische Bank zu Dresden gegen diese Banknote dem Einlieferer Dresden,den 20.Oktober 1923 SÄCHSISCHE BANK ZU DRESDEN Staatsvertreter Direktor(2) |
| Reverse description | Log in to see details |
| Reverse lettering | SÄCHSISCHE BANK ZU DRESDEN Wer Banknoten nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird nach den einschlagenden Bestimmungen des Strafgesetzbuches für das Deutsche Reich bestraft MILLIARDEN 20 MILLIARDEN Vom 1.Februar 1924 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere sächsische Banknoten oder gegen Reichsbanknoten eingezogen werden. SÄCHSISCHE BANK ZU DRESDEN |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Sächsische Bank zu Dresden was one of four German private note-issuing banks still operating in 1923, and like the others it found itself printing emergency denominations it had never anticipated. This 20-billion Mark note was issued during the hyperinflation peak — by October 1923, a single U.S. dollar was worth roughly 4.2 trillion Marks, meaning this note represented a fraction of a modest purchase.
Giesecke & Devrient, headquartered in Leipzig, had the geographic advantage of being the Sächsische Bank's nearest major printer. Production speed mattered far more than security at this stage; the watermark was retained largely as a holdover from pre-crisis printing standards rather than any practical anti-counterfeiting concern.