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500 000 000 000 Mark
| Issuer | Stadt Duisburg (City of Duisburg) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 000 000 Marks (500 000 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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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 | Log in to see details |
| Reverse lettering | 500 |
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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.