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| 正面描述 | Typeset Notgeld in brown on cream paper with a dashed rectangular border. A central vignette shows the Stockach civic coat of arms flanked by decorative scrollwork, with large numeral '20' in each corner. The denomination 'Zwanzig Milliarden Mark' is set in bold Fraktur blackletter, with the issuer title and payment text in a smaller script below, dated Stockach, 3. November 1923, and bearing an official municipal violet stamp at lower left. |
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| 背面铭文 | Ohne Stadtstempel sind die Scheine ungültig. Nach Aufruf in den hiesigen Zeitungen verlieren die Scheine ihre Gültigkeit. Die Einlösung erfolgt bei der Stadtkasse, Bezirkssparkasse und den hiesigen Banken. K. Willi, Stockach (Translation: Without a city stamp, the notes are invalid. After being announced in the local newspapers, the notes lose their validity. Redemption takes place at the city treasury, district savings bank, and the local banks. K. Willi, Stockach) |
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Stockach is a small town in Baden, and by November 1923 its municipal government was doing what hundreds of German Gemeinden were forced to do: printing their own emergency denominations in figures that would have been incomprehensible two years earlier. The 20-billion-Mark figure dates this note to the absolute peak of the hyperinflation — the Rentenmark stabilization came on 15 November 1923, and most Notgeld at these denominations was rendered worthless within days of issue, often before it had circulated at all.
K. Willi was a local printer, not a security press, and the official stamp served as the primary authentication device — a telling detail about how far Germany's monetary infrastructure had collapsed.