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200 Billion Marks
| Issuer | Gewerbebank Laupheim E.G.m.b.H. |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Mark (1873-1923) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain unadorned reverse printed in brown letterpress, listing correspondent banks by city in a two-column table under a text explaining free redemption procedure by written inquiry. A large handwritten endorsement signature occupies the lower half of the note. |
| Reverse lettering | Kostenfreie Einlösung dieses Schecks erfolgt nach Feststellung der Ordnungsmäßigkeit durch briefliche Anfrage und Antwort in - durch Berlin - Bank für Handel und Industrie Frankfurt a. M. - Dresdner Bank München - Bayr. Landesgewerbebank Stuttgart - Bank für Handel und Industrie Commerz- und Privatbank Dir. d. Discontogesellschaft Dresdner Bank Württ. Notenbank Württ. Vereinsbank Ulm - Centralkasse Württ. Genossensch. Gewerbebank Ulm |
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| Comments |
Laupheim's Gewerbebank was a small cooperative commercial bank — the "E.G.m.b.H." suffix (Eingetragene Genossenschaft mit beschränkter Haftpflicht) confirms that — and its issuance of emergency currency at this denomination places it squarely in the hyperinflation peak of late 1923, when municipal and commercial entities across Germany were legally permitted to print notgeld simply to keep wage payments moving. By November 1923, 200 billion marks was roughly enough to buy a loaf of bread, if that.
Dr. Karl Höhn's Ulm press handled notgeld output for numerous small Württemberg issuers during this period, which kept unit costs down but also means the printing quality across the run varies considerably.