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5 000 000 000 000 Mark Ründeroth
| Issuer | Sparkasse der Gemeinde Ründeroth (Gemeindekasse Ründeroth) |
|---|---|
| Year | 1923 |
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| Value | 5 000 000 000 000 Marks (5 000 000 000 000) |
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| Obverse description | Cream-toned note with a faint architectural vignette of a public building as underprint across the centre. The denomination '5 Billionen Mk.' is set in bold Fraktur letterpress at centre, with the word 'BILLIONEN' overprinted in large red capital letters. A right-hand vertical panel carries the numeral '5' and the word 'Billionen' in red, alongside a fine guilloche pattern. The issuing text, date 'Ründeroth, den 16. Oktober 1923', and the authorising signature of the Gemeindekasse appear in black cursive script, with a serial number at the lower right of the panel. |
|---|---|
| Obverse lettering | Die Sparkasse der Gemeinde Ründeroth wolle zahlen gegen diesen Scheck 5 Billionen Mk. BILLIONEN Die Gemeindekasse verpflichtet sich zur Einlösung dieses Schecks im Verrechnungswege. Ründeroth, den 16. Oktober 1923 Die Gemeindekasse Ründerother Geschäftsbücher-Fabrik Gustav Jaeger, Ründeroth Billionen |
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| Comments |
Five trillion marks, printed locally by a notebook factory. By November 1923, German municipal and savings authorities had long since exhausted any pretense of formal currency infrastructure — Ründeroth's Sparkasse simply commissioned Gustav Jaeger's stationery works up the road to produce emergency Notgeld at a denomination that would have been unthinkable twelve months earlier.
The hyperinflationary acceleration between September and November 1923 was so violent that notes of this face value had a practical lifespan measured in days before becoming worthless in exchange — not through demonetization, but through price movement alone.