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5 000 000 000 Mark Bayerische Notenbank
| Issuer | Bayerische Notenbank |
|---|---|
| Year | 1923 |
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| Value | Log in to see details |
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| In circulation to | 1923 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Bayerische Banknote zahlbar mit Fünf Milliarden Mark Vom 1. Dezember 1923 ab kann diese Banknote aufgerufen und unter Umtausch gegen andere bayerische Banknoten oder gegen Reichsbanknoten eingezogen werden. München, den 18. Oktober 1923 Bayerische Notenbank Der Staatskommissär: Direktion: Für den Aufsichtsrat: Nachahmung oder Veränderung dieser Banknote wird nach Maßgabe des achten Abschnittes des Strafgesetzbuches für das Deutsche Reich bestraft. |
| Reverse description | The reverse of this note was not visible in the supplied image; no description can be confirmed from the available reference. |
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| Comments |
The Bayerische Notenbank was one of four German state banks still holding note-issuing rights under the Reichsbank system, and during the hyperinflation crisis of 1923 it printed its own emergency currency independently of Berlin. This five-billion-mark note dates from the acceleration phase of that collapse — by November 1923, the denomination was worth fractions of a US cent. Bavaria's political situation compounded matters: the state was in open friction with the central government in Berlin, and local authorities were reluctant to depend entirely on Reichsbank supplies.
The Munich printing location is confirmed — no contracted foreign printer was involved at this stage, unlike some contemporaneous issues.