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3 000 000 000 000 Mark

Issuer Stadt Buer (City of Buer)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Printed in violet-blue on cream paper, the note is divided into a main body and a right-side coupon panel separated by a vertical rule. The main field carries the heading GUTSCHEIN DER STADT BUER at top, with the denomination DREI BILLIONEN in bold letterpress, flanked by a faint allegorical underprint vignette at centre and the municipal coat of arms of Buer at lower left. The right-hand coupon panel displays the numeral 3000 in large bold figures alongside the legend MILLIARDEN MARK printed vertically, framing the denomination in a contrasting format. A validity clause in small type runs along the bottom margin, and two manuscript signatures appear above the printed designation DER MAGISTRAT.
Obverse lettering GUTSCHEIN DER STADT BUER DREI BILLIONEN MARK ZAHLT DIE STADT-KASSE DER STADT BUER DEM EINLIEFERER DIESES GUTSCHEINES: BUER I.W., DEN 23. OKTOBER 1923. DER MAGISTRAT: DIESER SCHEIN VERLIERT SEINE GÜLTIGKEIT EINEN MONAT NACH AUFRUF IN DEN TAGESZEITUNGEN.
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Comments

Buer was an industrial city in the Ruhr — coal mining, not banking. Its municipal government had no business printing three trillion marks, and yet here we are. This note is Notgeld in the truest sense: a local authority filling a void left by a central bank that simply could not produce currency fast enough to keep pace with hyperinflation in the second half of 1923, when denominations climbed from millions to billions to trillions inside a matter of weeks.

The Rentenmark stabilization of November 1923 rendered all such emergency issues worthless almost immediately after printing.

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