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5 000 000 000 Mark
| Issuer | Stadt Dresden (City of Dresden) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Typographically composed Notgeld voucher printed in dark green and red on cream paper, with a fine guilloche border running the full perimeter. The denomination 'Fünf Milliarden Mark' is set in large bold letterpress type at centre, flanked on the right by a vertically oriented red overprint repeating '5 Milliarden'. A small oval arms vignette of the City of Dresden appears at centre-lower, between the issuing authority designations 'Der Rat zu Dresden' and 'Die Stadthauptkasse', below which two manuscript signatures appear above their respective titles of Oberbürgermeister and Hauptkassendirektor. The serial number and series designation 'Reihe B' are printed in red at upper left and upper right respectively. |
|---|---|
| Obverse lettering | No 008357 Gutschein Reihe B Gültig im Bezirk der Stadt Dresden Fünf Milliarden Mark zahlen die Kassen der Stadt gegen Rückgabe dieses Gutscheines Dresden, den 15. Oktober 1923 Der Rat zu Dresden Die Stadthauptkasse Oberbürgermeister: Hauptkassendirektor: Wer Gutscheine nachmacht oder verfälscht, oder nachgemachte oder verfälschts sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter 3 Jahren bestraft. Die Gültigkeit dieses Scheines erlischt mit Ablauf der Frist, die bei Einziehung der Gutscheine für deren Einlösung öffentlich bekannt gemacht wird. |
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| Comments |
Dresden's municipal authority, like hundreds of German cities, was forced into notgeld production as hyperinflation outpaced the Reichsbank's ability to supply denominations large enough for ordinary transactions. By late 1923, five billion marks would not cover a tram fare. Stengel & Co. was a well-known Dresden art publisher — their involvement in emergency currency reflects how rapidly the city had to press commercial printers into service, since dedicated banknote printers were overwhelmed.
The denomination itself dates the note with precision: five-billion-mark municipal issues belong almost exclusively to October–November 1923, the final weeks before the Rentenmark stabilization of November 15th ended the crisis.