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20 000 000 000 Mark Thüringische Staatsbank

Issuer Thüringische Staatsbank
Year 1923
Type Local banknote
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Obverse description The obverse is printed in black on cream paper with a central vertical green guilloche underprint of repeating scroll and rosette patterns. The denomination is rendered in large Gothic (Fraktur) script reading 'Zwanzig Milliarden Mark', with the numeral '20' in green at both upper corners. Below the denomination line, a three-paragraph text in Fraktur script states the redemption conditions of this Notgeld, dated 'Weimar, 9. August 1923', and signed on behalf of 'Die Landesregierung'. The Thuringian state coat of arms — a shield charged with six-petalled rosettes — appears in the lower left and lower right corners, flanking the signature block.
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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.

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