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200 000 000 000 Mark Deutsche Reichsbahn
| Issuer | Deutsche Reichsbahn |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1914-1924) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Deutsche Reichsbahn Zweihundert Milliarden Mark Dieser Schein wird an allen öffentlichen Kassen wie gesetzliche Zahlmittel angenommen; er kann vom 1. Januar 1924 ab mit dreimonatiger Frist zur Einlösung aufgerufen werden. Berlin, den 5. November 1923. Der Reichsverkehrsminister |
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| Signature(s) | Rudolf Oeser (Reichsverkehrsminister) |
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| Comments |
The Deutsche Reichsbahn issued its own emergency currency during the hyperinflation of 1923 because the Reichsbank simply could not produce notes fast enough to meet demand. Railway administrations, municipalities, and private firms across Germany all entered the money-printing business that year — the Reichsbahn's issues were among the more authoritative, backed by a state enterprise rather than a local chamber of commerce.
Rudolf Oeser, whose signature appears here as Reichsverkehrsminister, died in office in October 1923 — the same month the hyperinflation peaked before the Rentenmark stabilization in November brought the entire notgeld apparatus to an abrupt halt.