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5 000 000 000 Mark Altonaisches Unterstützungs-Institut

Issuer Altonaisches Unterstützungs-Institut
Year 1923
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Composition Paper
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Obverse lettering Gutschein des Altonaischen Unterstützungs-Instituts über Fünf Milliarden Mark
Dieser Gutschein wird an unseren Kassen in Zahlung genommen oder im Überweisungsverkehr vergütet. Der Gutschein verliert am 30. November 1923 seine Gültigkeit.
Altona, den 10. Oktober 1923
Altonaisches Unterstützungs-Institut
Sparkasse Errichtet 1799
H.W. Köbner & Co. G.m.b.H. Altona
Reverse description The reverse is entirely unprinted, presenting the plain cream paper stock with visible fold lines and natural age toning. A faint show-through of the obverse denomination text 'Fünf Milliarden Mark' appears in mirror image, together with the ghost impression of one of the circular institutional seals.
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Comments

The Altonaisches Unterstützungs-Institut was a mutual aid institution in Altona — then still an independent city under Prussian administration, not yet absorbed into Hamburg — rather than a conventional bank or municipal treasury. Its decision to issue emergency currency at the five-billion-mark level places this squarely in the hyperinflationary peak of late 1923, when denominations that would have seemed fictional eighteen months earlier were routine.

H.W. Köbner & Co. in Altona were a local commercial printer, not a specialist banknote firm. That shows.

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