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50 000 000 000 Mark overstamp on 2 000 000 000 Mark

Issuer Kreise Düren, Euskirchen, Jülich, Schleiden, Stolberg und Eschweiler (Prussian Rhine Province)
Year 1923
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Value 50 000 000 000 Mark (50 000 000 000)
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Obverse description Printed in black and ochre on cream paper, the obverse carries at left a fine line-engraved vignette of a seated male worker figure beside an industrial wheel. The central letterpress text field gives the denomination '2 MILLIARDEN MARK' beneath the heading 'DIESER GUTSCHEIN REIHE A', with a block of Gothic-script text naming the six issuing Kreise, the date '30. September 1923', and manuscript signatures of the Landräte and Kreisausschuss members; a bold diagonal red overstamp '50 Milliarden' revalues the note. A vertical side tab, printed sideways, reads 'Umlaufähig in den Regierungsbezirken AACHEN und KÖLN / Gültig bis zum 1. April 1924'.
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Reverse description The reverse is printed in black on cream paper within a compact guilloche border framing the entire surface. Large numeral '2' digits in elaborate lathe-work guilloche occupy the left and right flanks, enclosing a central engraved vignette of a hilltop castle or fortified tower set within a landscape; the denomination '2 MILLIARDEN MARK' appears at the top in bold letterpress, with the issuing district names set in a ruled panel at the foot. A bold diagonal red overstamp '50 Milliarden Mark' crosses the centre, with a further vertical red overprint on the right tab.
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By autumn 1923, Germany's hyperinflation was accelerating faster than printers could produce new notes. The solution adopted by many local authorities — Kreise and municipalities across the Rhineland included — was to take existing high-denomination Notgeld stock and apply an overstamp multiplying the face value, sometimes by factors of ten or twenty-five. This note represents exactly that stopgap: a 2 Milliarden Mark note rendered temporarily viable by stamping a 50 Milliarden figure over it before the Rentenmark stabilization in November 1923 ended the entire charade.

The six issuing districts — Düren, Euskirchen, Jülich, Schleiden, Stolberg, and Eschweiler — pooled their emergency currency authority, which was common practice in the Prussian Rhine Province that year.

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