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2,500,000 Mark

Issuer Kreisausschuss des Kreises Neuwied
Year 1923
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Shape Rectangular
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Obverse description The obverse is printed in blue on a cream ground with a fine geometric circle-pattern underprint. A decorative scrollwork border frames the entire note, with the issuing authority "Kreis Neuwied" repeated along the lateral margins in vertical orientation. The denomination "2500000 Mark" appears in the upper corners flanking the central legend "Gutschein über Zweieinhalb Millionen Mark" in bold blackletter script, below which a three-line redemption clause is set in smaller roman type. At lower left, a heraldic eagle vignette is accompanied by the place and date "Neuwied, den 1. August 1923", the issuing authority line "Der Kreisausschuß des Kreises Neuwied", and two manuscript signatures; the printer's imprint "Raiffeisen-Druckerei, Neuwied" appears at the bottom left margin.
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Reverse lettering 2500000 Mark
Kreis Neuwied
Zweieinhalb Millionen Mark
2500000 Mark
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Comments

Neuwied's 2,500,000 Mark note belongs to the thick of Germany's hyperinflationary spiral — by the time district-level authorities like the Kreisausschuss were issuing emergency Notgeld in the millions, the Reichsbank had effectively lost control of the money supply. Local administrative bodies stepped in not out of any monetary authority but out of pure necessity, since official notes were arriving too slowly and depreciating too fast to be practically useful.

The Raiffeisen-Druckerei connection is worth noting — the Raiffeisen cooperative network, founded in the Westerwald region immediately east of Neuwied, had deep roots in this part of the Rhineland. A cooperative press printing emergency currency for the local district government is a neat encapsulation of how that movement operated: practical, local, and filling gaps the state could not.

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