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5 000 000 000 Mark

Issuer Siegkreis (Sieg District), Prussian Rhine Province
Year 1923
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Size 145 x 75 mm
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Obverse lettering Umlauffähig im ganzen
Regierungsbezirk Köln.
Gültig bis zum 1. April 1924

Gutschein über
Fünf
Milliarden

Sieg- 5 Kreis Sieg- 5 Kreis

Dieser Gutschein wird von allen öffentlichen
Kassen im Regierungsbezirk Köln in Zahlung
genommen. Der Siegkreis haftet für die Ein-
lösung. Siegburg, den 18. Oktober 1923.

Der Landrat.
i.V.
Kreisdeputierter

SIEG-KREIS
(Translation: Valid throughout the Cologne administrative district.
Valid until April 1, 1924

Voucher for
Five
Billion

Sieg 5 District Sieg 5 District

This voucher is accepted as payment by all public treasuries in the Cologne administrative district. The Sieg District guarantees its redemption. Siegburg, October 18, 1923.

The District Administrator.
on behalf of
District Deputy

Sieg District)
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Protection description Borromean rings watermark visible in the paper stock
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Comments

Siegkreis — the administrative district centered on the Sieg River valley south of Cologne — was one of hundreds of German local authorities forced into emergency currency issuance during the hyperinflationary collapse of late 1923. By the time this note was authorized, the Reichsbank's own printing capacity had become a logistical absurdity: presses ran continuously, denomination ceilings were breached within days of printing, and regional bodies were legally permitted to issue their own notgeld to keep local commerce moving at all.

Rhenania-Druckerei in Bonn handled a considerable volume of Rhineland district notgeld during this period, which is why the print quality here is more consistent than the improvised stamp-on-cardboard issues coming out of smaller municipalities simultaneously. The five billion mark denomination places this firmly in the October–November 1923 window, when that figure represented roughly the cost of a loaf of bread.

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