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50 000 000 000 Mark

Issuer Finanzdeputation der Freien Hansestadt Bremen
Year 1923
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Currency Mark (1914-1924)
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Obverse description Printed in brown on cream paper, the obverse is framed by a decorative border with cross motifs at each corner and foliate scroll ornamentation. The denomination is rendered in large blackletter (Fraktur) script — "Fünfzig Milliarden Mark" — beneath the header "Gutschein über". A three-line redemption clause in Fraktur states acceptance by all Bremen state treasuries, followed by the date "Bremen, den 26. Oktober 1923" and the issuing authority "DIE FINANZDEPUTATION:", accompanied by a circular official stamp and two manuscript signatures with a printed serial number to the right.
Obverse lettering Gutschein über
Fünfzig
Milliarden Mark
Dieser Gutschein wird in der Stadt Bremen von allen bremischen Staatskassen in Zahlung genommen / Er verliert seine Gültigkeit 2 Wochen nach erfolgter Aufkündigung in den Bremer Tageszeitungen
Bremen, den 26. Oktober 1923
DIE FINANZDEPUTATION:
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Comments

Bremen's Finanzdeputation issued this note at the peak of the Weimar hyperinflation spiral, when the Reichsbank's own supply chains had completely broken down and municipal and state authorities across Germany were forced to print emergency currency — Notgeld — simply to meet payroll. By October 1923, fifty billion marks was roughly equivalent to a loaf of bread, and notes of this denomination were often spent within hours of receipt before their purchasing power evaporated further.

Carl Schönemann was a Bremen-based intaglio printer with an established commercial reputation, which gave this issue slightly better production quality than much of the emergency currency flooding the market at the same time. The DeNG 7/8 catalog distinguishes variant 580f specifically, suggesting differences in signature or serial block from otherwise identical printings in the same series.

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