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500 000 000 Mark

Issuer Stadt Bergisch Gladbach (City of Bergisch Gladbach)
Year 1923
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Composition Paper
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Obverse lettering STADT BERGISCH GLADBACH
GUTSCHEIN ÜBER
Fünfhundert Millionen
Mark
Dieser Gutschein wird von den städtischen und allen anderen öffentlichen Kassen in Zahlung genommen. Er verliert seine Gültigkeit einen Monat nach Aufkündigung, die in den Bergisch-Gladbacher Zeitungen und wenigstens 2 Kölner Zeitungen erfolgen muß. Die Stadt Bergisch-Gladbach haftet für die Einlösung.
Bergisch-Gladbach, den 20. Juli 1923.
Der Bürgermeister:
HEISS & CO KÖLN-LINDENTHAL.
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Reverse lettering MARK 500 000 000 MARK
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Comments

Bergisch Gladbach's 500-million Mark note belongs to the final, almost absurd phase of Weimar hyperinflation — by the time municipal authorities were printing at this denomination in late 1923, the Reichsmark was losing value faster than notes could physically reach circulation. Cities and towns across Germany were legally authorized to issue emergency money (Notgeld) precisely because the central government could not keep pace with denominations escalating by the day.

Heiss & Co. in Köln-Lindenthal were a regional commercial printer, not a specialist banknote house. The technical limitations show.

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