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| 表面の説明 | Uniform rose-pink letterpress Notgeld on plain paper with a diamond-pattern guilloche underprint. The denomination 'Fünfundzwanzig Milliarden Mark' is set in large Gothic blackletter across the centre, flanked by small scroll ornaments; the issuing authority title appears above in smaller Gothic type. Date 'MILSPE, 3. Nov. 1923' is centred at foot, flanked by two manuscript signatures below their respective official titles, with an oval official stamp of Amt Ennepe in Milspe between them; the serial number and numeral '25' appear vertically on the right margin. |
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| 表面の銘文 | Gutschein des Amtes Milspe über Fünfundzwanzig Milliarden Mark Milspe, 3. Nov. 1923 Der Amtmann : Der Gemeindevorsteher : 25 (Translation: Voucher of the Office Milspe for Twenty-five billion marks Milspe, Nov. 3, 1923 The District Officer: The Community Head: 25) |
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Milspe was a small industrial town in the Ennepe district of Westphalia — today absorbed into Ennepetal — and like hundreds of German municipalities in late 1923, its local administrative office was forced to print its own emergency currency when the Reichsbank could no longer supply denominations large enough to meet daily wage payments. By the time notes at this face value were being issued, the official exchange rate against the dollar had passed ten billion marks, and the figure printed here was already obsolete within days of issue.
These Notgeld issues from Amt Ennepe are among the more obscure district-level emissions — not from a major city savings bank or industrial firm, but from a local administrative body scrambling to pay civil servants and keep commerce moving through the hyperinflation peak of October–November 1923.