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50 000 000 000 Mark

Issuer Stadtkasse Buer i.W. (City Treasury of Buer)
Year 1923
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Value 50 000 000 000 Mark (50 000 000 000)
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Obverse description Salmon-orange letterpress Notgeld on plain paper, with a lightly printed central vignette of two armored figures flanking a heraldic column against a floral guilloche underprint. The denomination '50 Milliarden' is set in bold blackletter type at center, with the vertical legend 'Milliarden 50 Milliarden' repeated along the right margin. The municipal arms of Buer appear at lower center alongside two manuscript signatures above the printed authority line 'Der Magistrat' and the issue date 'den 23. Oktober 1923.'
Obverse lettering Gutschein der Stadt Buer
Die Stadtkasse
Buer i. W. zahlt dem Einlieferer dieses Gutscheins
50 Milliarden
Mark / Der Schein verliert seine Gültigkeit einen
Monat nach Aufruf in den Buerschen Tageszeitungen
Buer i. W., den 23. Oktober 1923.
Der Magistrat.
Milliarden 50 Milliarden
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Comments

Buer — now absorbed into Gelsenkirchen — was one of hundreds of German municipalities forced to print its own emergency currency during the hyperinflation spiral of late 1923, when the Reichsbank simply could not supply notes fast enough to keep pace with collapsing purchasing power. By the time denominations like this fifty-billion mark note were being issued locally, the figure itself was almost beside the point; wages were being paid daily, sometimes twice daily, and notes were spent within hours of receipt.

Local Notgeld at this scale was typically printed on whatever stock was available, often single-colour, with minimal security features. The Stadtkasse Buer issues from this period are not scarce as a type, but individual examples in sound condition are harder to find than the raw survival numbers suggest — heavy handling in active daily circulation took a toll that hoarded Notgeld never suffered.

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