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50 000 000 000 Mark
| Issuer | Stadt und Landkreis Aachen |
|---|---|
| Year | 1923 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | Umlaufsfähig im ganzen Regierungsbezirk Aachen Gültig bis zum 1. April 1924 Stadt und Landkreis Aachen Gutschein über 50 Milliarden Mark Die Einlösung erfolgt bei allen öffentlichen Kassen des Stadt und Landkreises Aachen Aachen, den 12. Oktober 1923. Der Oberbürgermeister Der Vorsitzende des Kreisausschusses 50 Milliarden Mark Serie N° |
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| Reverse lettering | Stadt und Landkreis Aachen 50 Milliarden Mark |
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| Comments |
Aachen's municipal and district authorities issued this note jointly — an unusual arrangement reflecting the administrative fusion of Stadt and Landkreis for emergency currency purposes during the hyperinflation peak of late 1923. By the time denominations in the billions and trillions were circulating across Germany, a fifty-billion-mark note was functionally small change; the Reichsbank's own figures show the mark losing roughly half its value every few days in October and November of that year.
The dual signatures — one from the acting Oberbürgermeister, one from the Kreisausschuss chairman — were a legal formality required to validate the joint issuing authority.