2,500,000 Mark

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.