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50 000 000 000 Mark

Issuer Stadtkasse Nürnberg (City of Nuremberg)
Year 1923
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Value 50 000 000 000 Marks (50 000 000 000)
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Obverse description Art Deco-style Notgeld printed in green and grey-blue, with bold letterpress denomination text reading 'FÜNFZIG MILLIARDEN MARK' arranged in three lines within a double-ruled rectangular frame, set against a geometric guilloche underprint. To the right, a stylised numeral '50' appears within a green cartouche, flanked above and below by two heraldic vignettes of the Nuremberg city emblem — a crowned eagle figure. The issuing authority legend 'ZAHLT DIE STADTKASSE NÜRNBERG FÜR DIESEN SCHEIN' and the date 'NÜRNBERG, 20. OKT. 1923' appear in smaller letterpress below the main denomination, with two manuscript signatures; the city name 'N·Ü·R·N·B·E·R·G' is spelled out in spaced capitals along the lower margin.
Obverse lettering NOTGELD DER STADT
FÜNFZIG MILLIARDEN MARK
ZAHLT DIE STADTKASSE NÜRNBERG FÜR DIESEN SCHEIN
NÜRNBERG, 20. OKT. 1923.
DER STADTRAT
N·Ü·R·N·B·E·R·G
KÖRNER
E·NISTER NÜRNBERG
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Comments

Nürnberg's city treasury was among dozens of municipal authorities forced into emergency currency production during the hyperinflation of 1923, when the Reichsbank simply could not keep pace with denominations. By the time notes in this range were being issued — fifty billion marks — the purchasing power had collapsed so thoroughly that the figure was almost arithmetically meaningless within days of printing.

E. Nister was a well-established Nürnberg printing house with a background in illustrated books and chromolithography, which occasionally shows in the production quality of local Notgeld compared to more austere municipal issues. Dr. Hermann Luppe served as Nürnberg's Oberbürgermeister from 1920 to 1933 — his signature appearing on emergency currency of this denomination places it firmly in the October 1923 peak.

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