Catalog
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| Issuer | Thüringische Staatsbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 20 000 000 000 Mark (20 000 000 000) |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Zwanzig Milliarden Mark zahlt die Kasse der Thüringischen Staatsbank dem Einlieferer dieses Notgeldscheines. Vom 1. Oktober 1923 ab kann dieses Notgeld aufgerufen und gegen Umtausch in Reichsbanknoten eingezogen werden. Weimar, 9. August 1923. Die Landesregierung |
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| Reverse lettering | ZWANZIG MILLIARDEN MARK SERIE A NOTGELD DES LANDES THÜRINGEN Wer Notgeld nachmacht oder verfälscht oder nachgemachtes oder verfälschtes sich verschafft und in den Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft. |
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| Comments |
The Thüringische Staatsbank was one of dozens of German regional and municipal authorities that issued emergency high-denomination paper during the hyperinflation peak of autumn 1923, when the Reichsbank's own supply could not keep pace with the collapsing purchasing power of the mark. By September and October of that year, denominations in the billions and trillions were routine — a 20 Milliarden (20,000,000,000) Mark note was not extraordinary in its face value, only in what that value represented: the near-total destruction of a currency within a single calendar year.
Thüringen's state issues from this period were printed under severe time pressure, and quality control was a secondary concern.