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500 000 000 Mark

Issuer Stadt Hamborn (City of Hamborn)
Year 1923
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Currency Mark (1914-1924)
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Obverse description Notgeld issued by the Stadt Hamborn a. Rh., printed in dark brown on a light ground with a teal-green guilloche underprint. The central panel carries the denomination legend in large teal letterpress text, framed by a stepped zigzag border with diamond-shaped corner cartouches each bearing the numeral '500'. Below the denomination, a legal tender clause is set in small roman type, followed by the issue date 15.9.1923 and the manuscript signature of the Oberbürgermeister.
Obverse lettering STADT HAMBORN a.Rh.
FÜNFHUNDERT MILLIONEN MARK
DIESER GUTSCHEIN WIRD VON ALLEN STÄDTISCHEN KASSEN IN ZAHLUNG GENOMMEN. ER VERLIERT SEINE GÜLTIGKEIT EINEN MONAT NACH AUFKÜNDIGUNG IN DEN HAMBORNER ORTSZEITUNGEN.
HAMBORN, DEN 15.9.1923
DER OBERBÜRGERMEISTER
500
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Comments

Hamborn was an industrial city in the Ruhr, and its 1923 notgeld issues came directly out of the French and Belgian occupation of the region that began in January of that year. The occupying forces had moved in to enforce reparations payments in kind after Germany defaulted on timber and coal deliveries, and the resulting economic paralysis — combined with Berlin's policy of passive resistance and deliberate money-printing to fund striking workers — drove inflation to its terminal velocity by mid-to-late 1923.

Hamborn merged with Duisburg in 1929 and ceased to exist as an independent municipality, which means this note was issued by a city that no longer exists.

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