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5 000 000 000 Mark
| Issuer | Stadt Haspe (City of Haspe) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | 1923 |
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| Obverse description | The obverse is enclosed within a decorative chain-link border and carries the issuer's title 'Gutschein der Stadt Haspe' at the top in letterpress. The denomination 'Fünf Milliarden Mark' is set in bold Gothic type across the centre, with a lighter green underprint repeating '5 Milliarden Mark' beneath it. The lower portion bears the redemption text, the issue date 'Haspe, 10. Oktober 1923', a green oval municipal seal vignette, and a manuscript signature above the printed title 'Der Bürgermeister'. A right-hand stub carries the series designation 'Serie A' and a red serial number printed vertically, with the printer's imprint 'G. Kannengiesser Haspe' at the foot of the stub. |
|---|---|
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| Reverse lettering | Fünf Milliarden Mark |
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| Comments |
Haspe was an industrial town in the Ruhr district, and by late 1923 the Reichsbank simply could not supply enough currency fast enough to keep pace with hyperinflation. Municipal authorities across Germany were authorized — loosely — to issue their own emergency money, Notgeld, and Haspe's city administration contracted the local printer G. Kannengiesser rather than waiting for outside supply. A five-billion-mark denomination, unthinkable eighteen months earlier, was by November 1923 barely sufficient for a tram ride.
Kannengiesser was a commercial printer, not a specialist banknote firm. The production quality reflects that.