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50 000 000 000 Mark Reichsbahndirektion
| Issuer | Reichsbahndirektion Stuttgart |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 000 000 Marks (50 000 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Printed in dark blue-black on buff paper, the obverse is dominated by a large Fraktur (blackletter) denomination legend reading 'Fünfzig Milliarden Mark' across the centre, with an ornate scrollwork initial 'F' vignette at left. A winged wheel emblem — the symbol of the Deutsche Reichsbahn — is centred below the denomination text. The right border carries a vertical dark panel with the numeral '50 Milliarden' in Gothic script, and the upper portion bears the issuer title 'Reichsbahndirektion Stuttgart' with a serial number and series designation ('Reihe 1') above a block of redemption text in smaller Fraktur type, concluding with the date 'Stuttgart, den 23. Oktober 1923' and a manuscript signature above the title 'Präsident'. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Fünfzig Milliarden |
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| Comments |
Germany's national railway administration — the Reichsbahn — was among dozens of non-banking entities granted emergency issuing authority during the hyperinflation of 1923, when the Reichsbank simply could not print and distribute currency fast enough to meet demand. The Stuttgart regional directorate issued this note on its own authority, valid only within its operational district. These Eisenbahngeld issues circulated among railway workers as wage payments first, then filtered into wider local commerce.
Fifty billion marks. By the time notes of this denomination were necessary, the figure had become arithmetically routine.