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500 000 000 000 Mark Hannoversche Maschinenbau-AG
| Issuer | Hannoversche Maschinenbau Actien-Gesellschaft vormals Georg Egestorff |
|---|---|
| Year | 1923 |
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| Composition | Log in to see details |
| Size | 130 × 86 mm |
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| Obverse description | Uniface letterpress note printed on firm, smooth white paper in grey with black text throughout. A vertical border rule runs along the left margin, with a decorative guilloche panel at the right edge; the denomination of 500 000 000 000 Mark is set in large bold red type at centre, with all remaining text in black. A four-digit serial number is rendered in heavy black raster type, and the full corporate name and issuing instructions occupy the body of the note in structured typographic layout. |
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| Protection type | Watermark |
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| Comments |
Hannoversche Maschinenbau-AG — better known as Hanomag — was a locomotive and heavy machinery manufacturer, not a bank. Like hundreds of German industrial firms during the hyperinflation of 1923, it was authorized to issue its own emergency currency, Notgeld, to meet payroll when the Reichsbank could not supply sufficient legal tender fast enough. By the time this 500-billion-Mark note was printed, the denomination itself was obsolete almost immediately upon issue — the Rentenmark reform came in November 1923, cutting twelve zeros from the currency overnight.
Hanomag printed these notes at its own Linden works, which accounts for the unusually tight production quality relative to many municipal Notgeld issues of the same period.