One of hundreds of municipal emergency currency issues — Notgeld — produced across Germany during the hyperinflation of 1923, when the Reichsmark collapsed so rapidly that local authorities were forced to print their own denominations to cover wage payments and basic commerce. By mid-1923, 100,000 Mark was worth almost nothing; within weeks of issues like this one, denominations were climbing into the billions.
Printed by a local Bingen firm rather than a specialist security printer, with authentication relying on an official stamp and the countersignature of the deputy Bürgermeister. The "i.V." beside Lippert's name indicates he signed in a representative capacity — the mayor himself was likely occupied with the administrative chaos the inflation had created.
One of hundreds of municipal emergency currency issues — Notgeld — produced across Germany during the hyperinflation of 1923, when the Reichsmark collapsed so rapidly that local authorities were forced to print their own denominations to cover wage payments and basic commerce. By mid-1923, 100,000 Mark was worth almost nothing; within weeks of issues like this one, denominations were climbing into the billions.
Printed by a local Bingen firm rather than a specialist security printer, with authentication relying on an official stamp and the countersignature of the deputy Bürgermeister. The "i.V." beside Lippert's name indicates he signed in a representative capacity — the mayor himself was likely occupied with the administrative chaos the inflation had created.