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200 000 000 000 Mark Hessische Landesbank
| Issuer | Hessische Landesbank |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 200 000 000 000 Mark (200 000 000 000) |
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| Obverse description | The obverse is printed in black and red letterpress on plain paper. The issuer's name 'HESSISCHE LANDESBANK' appears in bold Gothic blackletter across the top, beneath which 'NOTGELDSCHEIN UEBER' is set in a smaller decorative typeface. The denomination '200 Milliarden Mark' is rendered in a large, ornate red Gothic script occupying the central band. A block of fine-print text in German gives the legal tender conditions and date 'Darmstadt, den 1. Oktober 1923', signed on behalf of the 'Direktorium der Hessischen Landesbank'. The lower left bears a small crowned Hessian lion arms vignette, with the serial number and series letter printed in red at the bottom alongside two manuscript signatures. |
|---|---|
| Obverse lettering | HESSISCHE LANDESBANK NOTGELDSCHEIN UEBER 200 Milliarden Mark Dieser Geldschein wird im Volksstaat Hessen von den öffentlichen Kassen in Zahlung genommen. Er wird von der Hessischen Landesbank eingelöst und verliert seine Gültigkeit mit dem Tage, der in der Darmstädter Zeitung öffentlich bekanntgegeben wird. Darmstadt, den 1. Oktober 1923 Direktorium der Hessischen Landesbank |
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| Comments |
The Hessische Landesbank entered the hyperinflation note-issuing frenzy relatively late, which is precisely why denominations this large were necessary by autumn 1923. By October of that year, the Reichsmark's purchasing power had collapsed so completely that a 200-billion-mark note was not an exceptional instrument — it was a practical one, used for ordinary transactions before becoming worthless within days of issue.
Regional institutions like the Hessische Landesbank were authorized under emergency Notgeld provisions to issue their own paper, decentralizing the chaos rather than solving it. The Rentenmark reform of November 1923 rendered the entire series obsolete almost immediately.