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500 000 000 Mark
| Issuer | Stadtgemeinde Heilbronn (Municipality of Heilbronn, Württemberg) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 500 000 000 Marks (500 000 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Light green note with a decorative border of repeating triangular motifs. A large spread-winged eagle vignette occupies the upper centre as underprint, above the silhouette of a city skyline with church spires. The denomination "Fünfhundert Millionen Mark" is set in bold Gothic letterpress across the centre, with serial number in red at left margin. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | Notgeldschein der Stadtgemeinde Heilbronn 500,000,000 Carl Rembold & Co. Heilbronn (Translation: Emergency banknote of the Municipality of Heilbronn 500,000,000) |
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| Comments |
Heilbronn's municipal administration printed this note locally at Carl Rembold & Co. during the acute phase of German hyperinflation in late 1923, when the Reichsbank's centralized printing capacity had long been overwhelmed and hundreds of municipalities, businesses, and district authorities were issuing their own emergency currency — Notgeld — simply to keep wages payable. By September 1923, a half-billion marks was roughly enough to buy a loaf of bread, and even that window closed within days.
The Rentenmark stabilization of November 1923 rendered the entire series worthless almost immediately after issue.