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500 000 000 000 Mark

Issuer Stadt- und Landkreis Aachen
Year 1923
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Value 500 000 000 000 Mark (500 000 000 000)
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Reverse description The reverse is entirely unprinted, with the thin paper stock allowing faint show-through of the obverse design in mirror image; a residual impression of the decorative border is visible at the edges.
Reverse lettering empty, unprinted
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Comments

Aachen's municipal administration — covering both the city and its surrounding district as a combined Stadt- und Landkreis — issued this 500 billion Mark note at the absolute peak of Weimar hyperinflation in late 1923, weeks before the Rentenmark stabilization finally arrested the collapse. At this denomination, the note's purchasing power was already eroding by the hour; prices in Germany were doubling roughly every few days by November of that year.

Aug. Heinrigs was a local Aachen printing firm pressed into emergency notgeld production alongside hundreds of other regional printers across Germany. The Merkelbach catalogue reference 110 places it firmly within the documented Aachen emergency issues of the period.

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