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50 000 000 000 Mark
| Issuer | Stadtgemeinde Lörrach |
|---|---|
| Year | 1923 |
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| Currency | Mark (1914-1924) |
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| Obverse description | Cream-coloured note with a salmon-pink floral underprint of ivy leaves and blossoms covering the entire field. The issuer title 'Stadtgemeinde Lörrach' is printed in bold black letterpress at the top centre, with the denomination '50 Milliarden' repeated in black at upper left and right, and a large red central numeral legend reading 'Gutschein über 50 Milliarden'. At the lower left, a red serial number prefixed 'No' appears alongside a round red ink stamp bearing the municipal arms of Lörrach at centre, with the date 'Lörrach, 20. Oktober 1923' and the manuscript signature of the Oberbürgermeister to the lower right. |
|---|---|
| Obverse lettering | Stadtgemeinde Lörrach 50 Milliarden Mark Gutschein über 50 Milliarden Gültig bis zum Aufruf Lörrach, 20. Oktober 1923 Der Oberbürgermeister |
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| Comments |
Lörrach's municipal notgeld at fifty billion marks dates to the absolute peak of the Weimar hyperinflation, when local authorities across Germany were legally compelled to print their own emergency currency simply to pay wages. The Wiesentäler Handelsdruckerei Carl M. Auer was a regional commercial press — not a specialist banknote printer — and it shows in the production quality typical of these municipal issues.
By November 1923, the Rentenmark reform rendered the entire series worthless overnight. Most were discarded; survivors exist largely because collectors were already active during the inflation itself.