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75 000 000 000 Mark

Issuer Stadt Köln (City of Cologne)
Year 1923
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Printer Ziegler Beckmann, Cologne, Germany
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Obverse lettering Fünfundsiebzig Milliarden Mark
Gutschein der Stadt Köln
Dieser Gutschein wird von allen städtischen und anderen öffentl. Kassen in Zahlung genommen. Er verliert seine Gültigkeit einen Monat nach der Aufkündigung in den Kölner Ortsblättern. Die Stadtgemeinde Köln haftet für die Einlösung.
KÖLN, den 27. Oktober 1923. Der Oberbürgermeister:
SERIE B
ZIEGLER BECKMANN, KÖLN.
Umlauffähig im ganzen Regierungsbezirk Köln
Gültig bis 1. April 1924
Reverse description The reverse is unprinted and plain, showing only the blind embossed show-through of the obverse letterpress text and guilloche underprint visible in mirror image through the thin paper stock, with no additional design elements or inscriptions.
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Comments

Cologne issued its own emergency currency during the hyperinflation of 1923, as the Reichsbank simply could not print fast enough to meet demand. This note carries the signature of Konrad Adenauer, then Oberbürgermeister of Cologne — a position he held from 1917 until his forced removal by the Nazis in 1933. His administrative signature appears on municipal Notgeld at denominations that would have seemed absurd even weeks before printing.

Ziegler Beckmann handled production locally, which was the practical necessity — transporting printed currency from distant suppliers introduced delays that rendered denominations obsolete before delivery.

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