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| Issuer | Bürgermeisterei Rösrath in Hoffnungsthal |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Yes |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Gutschein. Fünfzig Milliarden Mark Die Einlösung erfolgt durch die Gemeindekasse Rösrath in Hoffnungsthal und die Deutsche Raiffeisenbank A.-G., Köln, von Werthstraße 25. Hoffnungsthal, den 20. September 1923. Der stellvertretende Bürgermeister: Bürgermeisterei Rösrath in Hoffnungsthal Der Zeitpunkt der Einlösung wird öffentlich bekanntgegeben |
| Reverse description | Log in to see details |
| Reverse lettering | Bürgermeisterei Rösrath in Hoffnungsthal Fünfzig Milliarden Mark Bürgermeisterei Rösrath in Hoffnungsthal Emil Pilgram, Hoffnungsthal b. Köln |
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| Comments |
Rösrath's Bürgermeisterei issued this fifty-billion-mark note during the catastrophic autumn of 1923, when municipal and local authorities across Germany were compelled to print their own emergency currency — Notgeld — simply to meet payroll. By October 1923, the Reichsbank's official notes were losing purchasing power faster than they could be physically distributed to smaller communities, leaving bodies like this one to fill the gap with whatever local printer was available. Emil Pilgram in Hoffnungsthal was that printer.
The denomination itself tells the story. Fifty billion marks issued by a small municipal office outside Cologne.