Catalog
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| Issuer | Stadtgemeinde Lörrach (City Municipality of Lörrach) |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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| Obverse description | Salmon-tinted notgeld on plain paper with a delicate floral and foliate underprint across the entire field. The issuer title 'Stadtgemeinde Lörrach' is set in bold Gothic letterpress at the top, flanked left and right by the denomination '5 Milliarden Mark' in matching typeface. The central text reads 'Gutschein über Fünf Milliarden' in large display type, with the validity clause 'Gültig bis zum Aufruf' below; at the lower left a red serial number with 'Nº' prefix, at centre a circular red municipality stamp of Lörrach bearing its arms, and at lower right the manuscript signature of the Oberbürgermeister above his printed title. |
|---|---|
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| Protection type | Official stamp |
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| Comments |
Lörrach sits on the Rhine directly opposite Basel, and in late 1923 that geography mattered enormously. Swiss francs were crossing the border in both directions as local residents desperately sought hard currency, while municipal authorities scrambled to print emergency Notgeld in denominations that would have been unimaginable two years earlier. Five billion marks was not an abstraction — it was roughly the cost of a loaf of bread during the peak hyperinflationary weeks of October and November 1923.
The official stamp is the sole security feature, which tells you everything about how quickly these notes were produced and how briefly anyone expected them to circulate.