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25 000 000 000 Mark Landesbank der Rheinprovinz
| Issuer | Landesbank der Rheinprovinz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 25 000 000 000 Mark (25 000 000 000) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Landesbank der Rheinprovinz SIEGEL DER RHEINPROVINZ 25 Milliarden Mark ZAHLT DIE LANDESBANK DER RHEINPROVINZ DEM VORZEIGER. DER ZEITPUNKT DER EINLÖSUNG WIRD ÖFFENTLICH BEKANNTGEGEBEN. — DÜSSELDORF, DEN 8. OKTOBER 1923. LANDESBANK DER RHEINPROVINZ / GENERAL-DIREKTION UMLAUFFÄHIG IM GANZEN BESETZTEN GEBIET DER RHEINPROVINZ. GÜLTIG BIS 1. APRIL 1924 |
| Reverse description | Log in to see details |
| Reverse lettering | LANDESBANK DER RHEINPROVINZ 25 MILLIARDEN |
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| Comments |
The Landesbank der Rheinprovinz was a provincial institution headquartered in Düsseldorf, and like dozens of regional German banks and municipalities in 1923, it exercised the emergency authority to issue Notgeld as Reichsbank currency collapsed under hyperinflation. This 25 Milliarden Mark note — twenty-five thousand million — was denominated at a figure that would have been inconceivable eighteen months earlier. By October 1923, such sums were barely sufficient for daily transactions.
Provincial Notgeld of this type was demonetized rapidly after the Rentenmark stabilization in November 1923, leaving large quantities unspent and intact.