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50 000 000 000 Mark

Issuer Stadthauptkasse Lichtenstein-Callnberg
Year 1923
Type Local banknote
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Obverse description Typeset note printed in dark brown on plain paper with a guilloche rosette underprint in orange-brown at centre, over which the denomination FÜNFZIG MILLIARDEN MARK is set in large Fraktur blackletter. A large ornamental numeral '50' appears at upper left, with the issuing authority text in Fraktur script at upper right. Serial number, date, and Bürgermeister signature occupy the lower portion within a ruled border.
Obverse lettering Die Stadthauptkasse Lichtenstein- Callnberg vergütet für diesen Schein
Fünfzig Milliarden Mark
Er verliert seine Gültigkeit einen Monat nach erfolgtem Aufruf in den hiesigen Blättern.
Lichtenstein- Callnberg, den 1. November 1923.
Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in den Verkehr bringt, wird strafrechtlich verfolgt.
Der Stadtrat.
Bürgermeister.
(Translation: The City Treasury of Lichtenstein-Callnberg will redeem this note for fifty billion marks. It will lose its validity one month after publication in the local papers. Lichtenstein-Callnberg, November 1, 1923. Anyone who counterfeits or falsifies vouchers, or obtains and circulates counterfeit or falsified ones, will be prosecuted. The City Council. Mayor.)
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Comments

Lichtenstein-Callnberg was a small Saxon textile town — today absorbed into Lichtenstein — and this fifty-billion-mark note is a product of the Notgeld emergency that forced even minor municipal treasuries to become de facto currency issuers during the hyperinflation peak of late 1923. The Stadthauptkasse, essentially the town's main municipal cashier's office, had neither the authority nor the infrastructure of a proper bank; it issued these notes out of sheer necessity as Reichsbank supply collapsed against accelerating price increases.

Rats-Druckerei Glauchau was a local commercial printer in the nearby industrial town of Glauchau, not a specialist security press. The absence of sophisticated anti-counterfeiting measures was largely irrelevant — denominations this large became worthless within days of issue.

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