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| 正面描述 | Plain typeset Notgeld cheque on cream paper with a fine hatched underprint across the entire field, enclosed within a decorative Greek-key border. The denomination "Mk. 200000" is set in bold letterpress at upper right, with the issuer name "Stadtbank Spremberg L." in large bold type at centre; below, the amount in words "Zweihunderttausend" is rendered in bold gothic script. The issue date "25. Juli 1923" appears at lower left alongside two manuscript signatures in purple ink, and a small-print disclaimer clause runs along the bottom margin. |
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| 背面描述 | Largely unprinted reverse on aged cream paper, the obverse text showing faintly as a mirror impression through the sheet. A circular violet official stamp is applied at centre, reading "Siegel der Stadt" around the circumference with a municipal coat of arms at its heart, authenticating the instrument as an emergency currency obligation of the city of Spremberg. |
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Spremberg's municipal bank issued this 200,000 Mark note at the height of the hyperinflation crisis, when local authorities across Germany were printing their own emergency currency — Notgeld — simply to keep wages paid and commerce moving. By mid-1923, the Reichsbank could not supply denominations fast enough to match weekly, sometimes daily, price doubling.
The official stamp served as a localized authentication measure, a practical workaround when institutional trust in printed currency had essentially collapsed. Spremberg was a small industrial town in Lower Lusatia; its Stadtbank had neither the resources nor the plate infrastructure of larger municipal issuers, which shows in the relatively modest production values of this series.