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50 000 000 000 Mark

Issuer Stadt Erfurt (City of Erfurt, Prussian Province of Saxony)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Brown letterpress text on a light green underprint, with a large bold numeral '50' positioned at the left as the primary denomination indicator. The body of the note carries the issuing authority text and denomination inscription in German blackletter script. A red serial number is printed in the lower right corner.
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Comments

Erfurt's municipal administration issued this note at the peak of the Weimar hyperinflation, when German cities and towns were legally permitted — indeed practically forced — to print their own emergency currency (Notgeld) to meet payroll and basic commerce. The denomination, fifty billion marks, was not unusual by late 1923 standards; the Reichsbank's own notes reached far higher before the Rentenmark stabilization in November of that year effectively ended the crisis overnight.

Ohlenroth was a local Erfurt printer, not a specialist banknote firm. The compressed production timescales of that period meant municipal authorities used whoever was available.

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