See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

500 000 000 000 Mark

Issuer Kreis Daun (District of Daun)
Year 1923
Type Log in to see details
Value Log in to see details
Currency Log in to see details
Composition Paper
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Log in to see details
Obverse lettering Kassenschein des Kreises Daun
Fünfhundert Milliarden Mark
500 000 000 000
Dieser Kassenschein wird von der Kreissparkasse Daun und von sämtlichen Gemeindekassen des Kreises Daun eingelöst. Der Kreis Daun haftet für die Einlösung.
Der Vorsitzende des Kreisausschusses.
Daun, den 10. Oktober 1923.
I.V.:
Kreisdeputierter.
Umlauffähig im ganzen Reg.-Bez. Trier
Gültig bis zum 1. April 1924
Reverse description Log in to see details
Reverse lettering 500 000 000 000
Kassenschein des Kreises Daun
500 000 000 000
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

Kreis Daun was a small rural district in the Eifel region of the Rhineland, and its decision to issue half-a-trillion Mark notes in 1923 reflects just how completely the German hyperinflation had outrun the capacity of the Reichsbank to supply usable currency. Local authorities, municipalities, and private firms across Germany printed their own emergency money — Notgeld — because without it, workers simply could not be paid in denominations that corresponded to actual prices.

Carl Schleicher & Schüll in Düren, a paper and printing firm with a long run of commercial work, handled numerous regional Notgeld commissions during this period. At this denomination, the notes were obsolete within days of issue.

YOU MAY ALSO LIKE