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50 000 000 000 000 Mark Reichsbanknote

Issuer Reichsbank
Year 1924
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Value 50 000 000 000 000 Mark (50 000 000 000 000)
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Reverse description The reverse is dominated by an intricate guilloche underprint in muted rose-brown tones, offset to the right, with four large numeral 50s positioned at each corner of the note. The central area carries the bold denomination '50 BILLIONEN MARK' in large letterpress type, surmounted by the heading 'REICHSBANKNOTE'. A block of small-print anti-counterfeiting statutory warning text appears in the lower central portion of the design.
Reverse lettering REICHSBANKNOTE 50 50 50 BILLIONEN MARK WER BANKNOTEN NACHMACHT ODER VERFÄLSCHT ODER NACH- GEMACHTE ODER VERFÄLSCHTE SICH VERSCHAFFT UND IN VERKEHR BRINGT, WIRD MIT ZUCHTHAUS NICHT UNTER ZWEI JAHREN BESTRAFT 50 50
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By February 1924, when this note was officially dated, the hyperinflation that necessitated denominations of this magnitude had already collapsed. The Rentenmark stabilization of November 1923 had effectively ended the crisis, making the 50-trillion-Mark Reichsbanknote an artifact of a monetary catastrophe rather than a functioning instrument — most examples were issued and almost immediately rendered worthless through the currency reform that replaced them at a rate of one Rentenmark to one trillion old Marks.

Print run of just over twelve million is modest relative to the emergency output of late 1923, when notes were often printed on one side only to accelerate production.

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