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Historic German banknotes - Germannotes paper money from Germany
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The display of emergency money is currently very limited. New bills will be added continuously. If you possess any of the notes not on display, please help to complete this collection.
Inflation Notgeld Reichsbahndirektion (Railways) 1923 - Please contact me, if you were interested in buying any of the displayed historic Notgeld banknotes. The German Notes Shop features some banknotes for direct purchase. Further information on payment options and shipping can be found at the Help page.

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Notgeld Reichsbahn other branches 1923

Firms & Organisations 
Banks in Hamburg
BASF Ludwigshafen
Becker Mining
Bochumer Verein
Constantin Mining
Dt-Lux Mining
Hannover Tools
Hugo Stinnes Linien
Mine Hibernia Herne
Krupp Steel plant
Lautawerk
Phoenix Mining & Steel
Privatbank 1860
Rheinische Stahlwerke
Reichsbahn Berlin
  RB Altona
  RB Breslau
  RB Dresden
  RB Erfurt
  RB Frankfurt
  RB Halle
  RB Karlsruhe
  RB Köln
  RB Stuttgart
  RB other
Deutsche Reichspost
Thyssen Steel
This page contains Notgeld banknotes that were issued in 1923 by Deutsche Reichsbahn. The Notgeld issues from the branches of the Reichsbahn complemented thoses issues form the Reichsverkehrsministerium in Berlin and were valid only loacally in most cases in the regions in which they were issued.
Find out more about Inflation Notgeld.

Reichsbahndirektion Bayern (Bavaria)

1 Million Mark

This note was issued by Reichsverkehrsministerium Zweigstelle Bayern (Ministry of transport, branch Bavaria). It is dated 15 August 1923.
1 Million Mark Bavaria

5 Million Mark

This note was issued by Reichsverkehrsministerium Zweigstelle Bayern (Ministry of transport, branch Bavaria). It is dated 15 August 1923.
5 Million Mark Bavaria

10 Billion Mark

This note was issued by Reichsverkehrsministerium Zweigstelle Bayern (Ministry of transport, branch Bavaria). It is dated 26 October 1923.
10 Billion Mark Reichsbahn Bavaria

1 Trillion Mark

This note was issued by Reichsverkehrsministerium Zweigstelle Bayern (Ministry of transport, branch Bavaria). It is dated 26 October 1923.
1 Trillion Mark Reichsbahn Bavaria

Reichsbahndirektion Cassel

2 Million Mark

This note was issued by Reichsbahndirektionsbezirk Cassel (German Railways - branch Cassel). It is dated 10 August 1923.
2 Million Mark Reichsbahn Cassel

5 Million Mark

This note was issued by Reichsbahndirektionsbezirk Cassel (German Railways - branch Cassel). It is dated 10 August 1923.
5 Million Mark Reichsbahn Cassel

1 Trillion Mark

This note was issued by Reichsbahndirektionsbezirk Cassel (German Railways - branch Cassel). It is dated 24 October 1923.
1000 Billion Mark Reichsbahn Cassel

5 Trillion Mark

This note was issued by Reichsbahndirektionsbezirk Cassel (German Railways - branch Cassel). It is dated 24 October 1923.
5000 Billion Mark Reichsbahn Cassel

Reichsbahndirektion Elberfeld

5 Million Mark

This note was issued by ReichsbahndirektionElberfeld (German Railways - branch Elberfeld). It is dated 17 August 1923.
5 Million Mark Reichsbahn Elberfeld

Reichsbahndirektion Hannover

500,000 Mark

This note was issued by Reichsbahndirektion Hannover (German railways branch Hanover). It is dated 2 August 1923.
500,000 Hannover

1 Million Mark

This note was issued by Reichsbahndirektion Hannover (German railways branch Hanover). It is dated 2 August 1923.
1 Million Hannover

Reichsbahndirektion Königsberg

100,000 Mark

This note was issued by the Reichsbahndirektion Königsberg in Preussen (German railways - branch Königsberg in Prussia). It is dated 18 August 1923.
100,000 Mark Königsberg

20 Billion Mark - overprint

This note was issued by the Reichsbahndirektion Königsberg in Preussen (German railways - branch Königsberg in Prussia). It is an overprint of a 5 Million Mark bill dated 18 August 1923.
20 Billion Mark Königsberg

1 Trillion Mark

This note was issued by the Reichsbahndirektion Königsberg in Preussen (German railways - branch Königsberg in Prussia). It is dated 5 November 1923.
1 Billion Mark Königsberg

Reichsbahndirektion Münster

3 Million Mark

This note was issued by the Reichsbahndirektion Münster in Westfalen (German railways - branch Münster). It is dated 15 August 1923.
3 Million Mark Münster

5 Million Mark

This note was issued by the Reichsbahndirektion Münster in Westfalen (German railways - branch Münster). It is dated 20 August 1923.
5 Million Mark Münster

50 Billion Mark

This note was issued by the Reichsbahndirektion Münster in Westfalen (German railways - branch Münster). It is dated 25 October 1923.
50 Billion Mark Münster

Reichsbahndirektion Osten

50 Billion Mark

This note was issued by the Reichsbahndirektion Osten in Frankfurt / Oder (German railways - branch East in Frankfurt upon Oder). It is dated 27 October 1923.
50 Billion Mark Osten

100 Billion Mark

This note was issued by the Reichsbahndirektion Osten in Frankfurt / Oder (German railways - branch East in Frankfurt upon Oder). It is dated 3 November 1923.
100 Billion Mark Osten

200 Billion Mark

This note was issued by the Reichsbahndirektion Osten in Frankfurt / Oder (German railways - branch East in Frankfurt upon Oder). It is dated 3 November 1923.
200 Billion Mark Osten

Reichsbahndirektion Stettin

500,000 Mark

This note was issued by the Reichsbahndirektion Stettin (German railways - branch Stettin). It is dated 20 August 1923.
500000 Mark Stettin

1 Million Mark

This note was issued by the Reichsbahndirektion Stettin (German railways - branch Stettin). It is dated 20 August 1923.
1 Million Mark Stettin

1 Billion Mark

This note was issued by the Reichsbahndirektion Stettin (German railways - branch Stettin). It is dated 26 October 1923.
1 Billion Mark Stettin

10 Billion Mark

This note was issued by the Reichsbahndirektion Stettin (German railways - branch Stettin). It is dated 26 October 1923.
10 Billion Mark Stettin

Reichsbahn-Hauptwerk Witten

1 Million Mark

This note was issued by Reichsbahn-Hauptwerk Witten (Railway main plant in Witten). This note was printed on the back of a flexible train ticket (German: Fahrschein). It is dated 10 August 1923.
1 Million Mark Witten
1 Million Mark Witten

5 Million Mark

This note was issued by Reichsbahn-Hauptwerk Witten (Railway main plant in Witten). This note was printed on the back of a 3rd class train ticket (German: Fahrschein). It is dated 10 August 1923.
5 Million Mark Witten
5 Million Mark Witten

10 Million Mark

This note was issued by Reichsbahn-Hauptwerk Witten (Railway main plant in Witten). This note was printed on the back of a 2nd class train ticket (German: Fahrschein). It is dated 10 August 1923.
10 Million Mark Witten
10 Million Mark Witten

20 Million Mark

This note was issued by Reichsbahn-Hauptwerk Witten (Railway main plant in Witten). This note was printed on the back of a 4th class train ticket (German: Fahrschein). It is dated 10 August 1923.
20 Million Mark Witten
20 Million Mark Witten


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