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500 000 000 000 Mark

Issuer Stadt Duisburg (City of Duisburg)
Year 1923
Type Local banknote
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Obverse description Log in to see details
Obverse lettering Notgeld der Stadt Duisburg
Fünfhundert Milliarden Mark
zahlen gegen diesen Schein dem Einlieferer die städtische Sparkasse, die Stadthauptkasse und die Zweigstellen dieser Kassen in Duisburg
Der Aufruf des Duisburger Stadtnotgeldes erfolgt unter Ungabe der Einlieferungsfrist in den Duisburger Tageszeitungen. Mit dem Ablauf der Einlösungsfrist verliert dieser Schein seine Gültigkeit
Duisburg, den 25. Sept. 1923
Der Oberbürgermeister:
i.D.
500
Reverse description The reverse is printed in pale grey-blue tones and reproduces the obverse design in mirror image through show-through, with the large Gothic 'Fünfhundert Milliarden Mark' lettering visible in reverse at centre. A decorative guilloche underprint fills the field, and the Duisburg civic coat of arms appears as a central vignette in the lower portion. The red serial number is visible in reverse at the bottom centre, consistent with the note's single-sided primary printing.
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Comments

By October 1923, German municipal authorities had been forced into issuing their own emergency currency — Notgeld — for months, simply because the Reichsbank could not print fast enough to keep pace with hyperinflation. Duisburg's half-trillion Mark note belongs to that final, almost absurd phase, when denominations that would have been unthinkable in 1921 were routine tender by autumn 1923.

Municipal issues like this were legally questionable but practically unavoidable. The Rentenmark reform of November 1923 rendered the entire series worthless within weeks of issue.

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