Catalog
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| Issuer | Stadtkasse Buer i.W. (City of Buer) |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 129 × 73 mm |
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| Obverse description | Green and dark brown Notgeld printed on plain paper, divided into a main panel and a right-hand denomination tab. The main panel bears a central vignette of two miners or industrial workers in an underprint guilloche ground, over which the denomination 'FÜNF MILLIARDEN' is printed in bold dark letterpress. The issuer's name appears in cursive script at the top, with the date 'Buer i.W., 11. Oktober 1923', the issuing authority 'Der Magistrat', and two manuscript signatures at the foot. The right tab repeats the denomination '5 Milliarden Mark' in bold vertical text. |
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| Obverse lettering | Gutschein der Stadt Buer FÜNF MILLIARDEN zahlt die Stadtkasse Buer i.W. dem Einlieferer dieses Notgeldscheines. Dieser Schein verliert seine Gültigkeit zehn Tage nach Aufruf in den Buerschen Tageszeitungen Buer i.W., 11. Oktober 1923 Der Magistrat. Mark Milliarden 5 Milliarden Mark |
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| Comments |
Buer was a mid-sized industrial town in the Ruhr coalfield, and its municipal treasury — the Stadtkasse — was among the hundreds of local German authorities forced to print their own emergency currency in 1923 when Reichsbank supply collapsed entirely under hyperinflation. By the time denominations reached the billion-mark range, the practical problem was no longer monetary but logistical: notes had to be designed, approved, and physically produced faster than the currency lost value, often within days.
The five-billion-mark figure dates this note to late October or early November 1923, the absolute peak of the inflationary spiral before the Rentenmark stabilization of November 15th ended the crisis.