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5 000 000 000 Mark

Issuer Magistrat der Stadt Dortmund (für die Stadt- und Landkreise Dortmund und Hörde)
Year 1923
Type Local banknote
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Obverse lettering DIESER SCHEIN WIRD UNGÜLTIG EINEN MONAT NACH ÖFFENTLICHEM AUFRUF
FÜNF
MILLIARDEN
MARK
zahlen die städtischen Kassen in Dortmund und Hörde, sowie die Kreiskommunal-, Stadt-, Amts-, Spar- und Gemeindekassen in den Landkreisen Dortmund und Hörde dem Einlieferer dieses Scheines.
DORTMUND, AM 15 OKTOBER 1923
Für die Stadt- und Landkreise Dortmund und Hörde:
Der Magistrat der Stadt Dortmund
AUSGEGEBEN MIT GENEHMIGUNG DES REICHSMINISTERS DER FINANZEN
SIEGEL DER STADT DORTMUND
Reverse description The reverse is entirely unprinted, showing plain white paper with no vignette, text, or ornamental work of any kind; the serial number bleeds faintly through from the face.
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Comments

One of dozens of municipal Notgeld issues pushed out during the hyperinflation peak of late 1923, this note reflects the collapse of the Reichsbank's capacity to supply adequate currency fast enough. Dortmund's Magistrat, like hundreds of other local authorities, filled the gap with emergency paper covering not just the city but the surrounding Landkreise — an administrative reach that was unusual for purely municipal issues.

Five billion marks. By November 1923, that would not have bought a postage stamp.

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