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200 000 000 000 Mark

Issuer Stadt Duisburg (City of Duisburg)
Year 1923
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Shape Rectangular
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Obverse lettering Notgeld der Stadt Duisburg
Zweihundert Milliarden Mark
zahlen gegen diesen Schein dem Einlieferer die städtische Sparkasse, die Stadthauptkasse und die Zweigstellen dieser Kassen in Duisburg
Der Aufruf des Duisburger Stadtnotgeldes erfolgt unter Angabe der Einlösungsfrist in den Duisburger Tageszeitungen. Mit dem Ablauf der Einlösungsfrist verliert dieser Schein seine Gültigkeit
DUISBURG, DEN 25. SEPT. 1923
DER OBERBÜRGERMEISTER:
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Protection description Watermark visible in the paper stock, discernible on the blank reverse side.
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Comments

One of countless municipal emergency issues produced during the hyperinflation peak of late 1923, when the Reichsbank could not supply currency fast enough to meet daily wage payments. Duisburg, as a major industrial center in the occupied Ruhr, was printing notgeld under particularly strained conditions — French and Belgian forces had seized the region in January 1923 specifically to enforce reparations payments, and German workers were engaged in passive resistance, meaning production had largely halted while the government continued paying strike wages in increasingly worthless paper.

The watermarked stock gives this note a degree of formality unusual for municipal issues at this denomination level, where printers routinely abandoned security features entirely to speed output.

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