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50 000 000 000 Mark

Issuer Stadt Bruchsal (City of Bruchsal)
Year 1923
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Printer Heinrich Rudolf Schlüter A.G., Bruchsal
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Obverse lettering Fünfzig Millionen Mark / GUTSCHEIN DER STADT BRUCHSAL / Männerzuchthaus Bruchsal / Wer scheut freut der Bürde um zu dienen geht jeder fein sein
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Reverse lettering Fünfzig Millionen Mark / Wir sind des Grafen Erze / Verwendet doch seinen Derbt / Statt Münze, dem wer denkt / Die Zahlen ist ungeworbt / DIESER SCHEIN WIRD AUSSER BEI DEN STADT KASSEN BEI ALLEN HIESIGEN BANKEN IN ZAHLUNG GENOMMEN UND NACH AUFRUF IN DEN BRUCHSALER TAGESZEITUNGEN EINGELOST. BRUCHSAL DEN 1. NOVEMBER 1923 / DER OBERBÜRGERMEISTER
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Bruchsal is a modest Baden city best known for its baroque palace, not for monetary policy — yet in October 1923, at the apex of Weimar hyperinflation, the municipal government was forced to issue its own emergency currency (Notgeld) in denominations that would have been incomprehensible a year earlier. Fifty billion marks on a single note reflects not recklessness but arithmetic: the Reichsbank simply could not print and distribute legal tender fast enough to meet daily wage payments, and municipalities across Germany stepped in to fill the gap.

The Schlüter printing firm was local, which mattered when transport delays could render a denomination obsolete within days.

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