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5 000 000 000 Daimler-Motoren-Gesellschaft

Issuer Daimler-Motoren-Gesellschaft
Year 1923
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In circulation to 22 December 1923
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Reverse description Light brown note with the same ornate scrollwork border and corner denomination numerals '5' with 'MILLIARDEN' along the lateral margins as the obverse. The central vignette, framed by a plain rectangular rule, presents a dynamic scene of an early Daimler racing car at speed, with two occupants and billowing dust clouds rendered in fine letterpress line work. A rhyming advertising slogan appears in a cartouche at the top and a second cartouche at the bottom of the design.
Reverse lettering Daimlerwagen, Daimlergeld,
Wer sie hat, ist gut gestellt.
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Comments

Daimler-Motoren-Gesellschaft — the Stuttgart automaker that would merge with Benz & Cie. just three years later — was among hundreds of German industrial firms authorized to issue their own emergency currency during the hyperinflation crisis of 1923. At the peak of the collapse, the Reichsbank simply could not print fast enough, and companies began paying wages in Notgeld denominated in figures that had been unimaginable twelve months earlier. Five billion marks for a single note tells you precisely where Germany stood in late 1923.

Factory-issued wage notes like this one were typically printed locally and redeemed quickly — their lifespan measured in days, not years.

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