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50 000 000 000 Mark
| Issuer | Stadtrat Crimmitschau (City Council of Crimmitschau) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 000 000 Marks (50 000 000 000) |
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| Obverse description | Typeset Notgeld issued on plain paper with a decorative guilloche border in brown-red. The denomination 'Fünfzig Milliarden Mark' is rendered in large blackletter (Fraktur) script at centre, with a large underprint numeral '50' in violet ink below the main text. A serial number appears in the upper right corner, with the heading 'Gut-Schein' at upper left and the issuing authority text, date '29. Oktober 1923', and a manuscript signature of the Stadtrat at lower right. |
|---|---|
| Obverse lettering | Gut-Schein No 12370 Gültig im Bezirke der Stadt Crimmitschau während der in deren Amtsblatt bekannt gegebenen Laufzeit. Fünfzig Milliarden Mark zahlen die städtischen Kassen und die Reichsbank-Nebenstelle gegen Rückgabe dieses Gut-Scheines. Crimmitschau, am 29. Oktober 1923. Der Stadtrat Wer Gutscheine nachmacht oder verfälscht oder nachgemachte oder verfälschte sich verschafft und in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft. 50 Milliarden |
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| Comments |
Crimmitschau was a textile manufacturing town in Saxony, and like hundreds of German municipalities in the autumn of 1923, its city council had no practical alternative to issuing its own emergency paper once Reichsbank notes lost purchasing power faster than they could be transported and distributed. This 50-billion-mark denomination was not an outlier — by November 1923, such figures were routine for a single tram fare or loaf of bread.
Locally printed Notgeld of this inflationary phase was typically produced by whatever commercial printer was available in town, with little security consideration. The paper itself was often thin and poorly sized, which is why surviving examples frequently show edge brittleness and toning even without heavy handling.