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| Issuer | Daimler-Motoren-Gesellschaft |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 5 000 000 000 Marks (5 000 000 000) |
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| Obverse description | Light brown letterpress note with an ornate scrollwork border enclosing the denomination numeral '5' in each corner, with 'MILLIARDEN' inscribed vertically along both lateral margins. The circular Daimler-Motoren-Gesellschaft underprint vignette, bearing the three-pointed Mercedes star logo, occupies the centre of the note. Black Gothic-script text carries the full payment obligation, issue date of 2 November 1923, and two manuscript signatures of company officials below the issuer's name. |
|---|---|
| Obverse lettering | Gutschein Serie F No 025789 Fünf Milliarden Mark zahlen die Kassen der Daimler-Motoren-Gesellschaft in Stuttgart-Untertürkheim und Sindelfingen gegen diesen Gutschein dem Überbringer. Mit dem Ablaufe des 22. Dezember 1923 verliert dieser Schein seine Gültigkeit. Stuttgart, 2. November 1923 Daimler-Motoren-Gesellschaft |
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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.