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5 000 000 000 Mark Bayerische Notenbank
| Issuer | Bayerische Notenbank |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | The face of the note is printed in red and black on plain paper, with a dense guilloche border framing the entire composition. The heading 'Bayerische Banknote' appears at the top in bold blackletter script, followed by 'zahlbar mit' and the large denomination legend 'Fünf Milliarden Mark' in oversized Gothic lettering across the centre. A redemption clause in smaller text references the date 1 December 1923, below which the place and date of issue 'München, den 18. Oktober 1923' and the issuer 'Bayerische Notenbank' are printed, accompanied by multiple manuscript signatures for the Staatskommissär, Direktion, and Aufsichtsrat; large watermark-style numeral '5' vignettes are visible on either side of the central text block. |
|---|---|
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| 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.