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| 正面铭文 | Reichsbahndirektion Stuttgart Gutschein Reihe 1 Nr. Fünfzig Milliarden Mark 50 Milliarden Dieser Gutschein wird von der Eisenbahnhauptkasse Stuttgart eingelöst, im Wege der Verrechnung sofort in bar nach Behebung der gegenwärtigen Bargeldknappheit der Zeitpunkt der Voreinlösung wird im Staats-Anzeiger für Württemberg und durch Anschlag auf den Bahnhöfen bekanntgegeben werden. Stuttgart, den 23. Oktober 1923. Präsident |
| 背面描述 | Printed in reddish-brown on cream paper, the reverse carries a large hand-drawn vignette of the interior of a grand railway station hall, rendered in a loose sketch style and signed 'Heppfer' at lower right. The composition shows a deep perspective of vaulted arches, Corinthian columns and an arched nave receding toward a distant doorway, evoking the monumental architecture of a Wilhelmine-era Bahnhof. A vertical dark panel at the right edge repeats the denomination 'Fünfzig Milliarden' in bold Gothic script. |
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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.