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50 000 000 Mark Landesbank der Rheinprovinz
| Issuer | Landesbank der Rheinprovinz |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 50 000 000 Mark (50 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | LANDES BANK DER RHEIN PROVINZ 50 Millionen Mark zahlt die Landesbank der Rheinprovinz dem Vorzeiger. Der Zeitpunkt der Einlösung wird öffentlich bekanntgemacht. Düsseldorf, den 15. September 1923. Landesbank der Rheinprovinz General Direktion: SIEGEL DER RHEINPROVINZ REIHE 7 |
| Reverse description | Log in to see details |
| Reverse lettering | 50 MILLIONEN LANDES BANK D. RHEINPROVINZ |
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| Comments |
The Landesbank der Rheinprovinz was among dozens of regional and municipal institutions authorized to issue notgeld during the hyperinflation crisis of 1923, as the Reichsbank's capacity to supply circulating currency collapsed entirely. By the time denominations reached eight figures, notes were often spent within hours of issue — holding paper overnight meant measurable purchasing loss by morning.
Düsseldorf-printed issues from this institution are reasonably well documented but not common in higher grades, as the frantic pace of circulation took its toll on paper quality quickly.