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5 000 000 000 Mark Duderstadt
| Issuer | Magistrat der Stadt Duderstadt |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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| Obverse description | Typeset Notgeld printed in black Fraktur blackletter on pale green guilloche underprint, enclosed within a decorative chain-link border. A central heraldic vignette in green underprint occupies the middle field, above the large denomination text. Issue date, serial number at lower left, official circular stamp, and manuscript signature of the Magistrat appear in the lower portion. |
|---|---|
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| Reverse description | Plain unprinted reverse showing only a simple rectangular border frame, with show-through of the obverse Fraktur text visible as a mirror image through the thin paper stock. |
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| Comments |
Duderstadt was a small Lower Saxon market town with no particular financial standing when it issued this five-billion-mark note in the autumn of 1923 — the height of the Weimar hyperinflation, when municipal authorities across Germany were legally permitted to print their own emergency currency, known as Notgeld, to compensate for the chronic shortage of usable tender. G. Hövener was a local printer, not a specialist banknote firm, and the note shows it.
At the denominational peak of the crisis, five billion marks bought roughly what a few pfennigs had purchased four years earlier.