The above note has the word 'scheck' on it (cheque). It's format is similar to the modern day cheques. It was issued in Oberhausen and is dated September, 1923. Just like the Reichbanknotes (issued by the state), notgeld issues began to be affected by the runaway inflation that Germany experienced during this period. By late 1923, notes were being issued in Billion Mark denominations. In Germany this was equal to 1,000,000,000,000! There were many issues, (see under 'introduction' tab on homepage) and many were from private companies, as can be seen by the scan above.