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5 000 000 000 Mark
| Issuer | Stadtgemeinde Baden-Baden |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Printer | Johannes Pfeiffer, Baden-Baden |
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|---|---|
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| Reverse description | Printed entirely in green on cream paper, the reverse centres on an oval vignette with a panoramic townscape view of Baden-Baden, showing the city's rooftops, church steeple, and wooded hillside in a fine letterpress engraving. The legend "NOTGELD DER STADTGEMEINDE BADEN-BADEN" arcs around the upper portion of the oval, while the denomination "5000000000 / FUNF MILLIARDEN MARK / 5000000000" runs along the lower arc. Small decorative scroll ornaments flank the vignette at left and right, and the printer's imprint "JOHANNES PFEIFFER / BADEN-BADEN" appears in a small framed cartouche at the bottom centre. |
| Reverse lettering | NOTGELD DER STADTGEMEINDE BADEN-BADEN 5000000000 / FUNF MILLIARDEN MARK / 5000000000 JOHANNES PFEIFFER BADEN-BADEN |
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| Comments |
Baden-Baden's five billion Mark note was issued during the hyperinflationary peak of late 1923, when municipal and regional authorities across Germany were forced to print their own emergency currency — Notgeld — simply to meet payroll and enable daily commerce. The Reichsbank could not supply denominations fast enough to keep pace with the collapse, so localities like Baden-Baden commissioned local printers. Johannes Pfeiffer was a Baden-Baden trade printer, not a security press, which shows in the relatively modest production values typical of provincial Notgeld at these denominations.
By November 1923, five billion Marks would buy roughly a loaf of bread.