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200 000 Mark

Issuer Nürtingen, City of
Year 1923
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Reference(s) DeNG 12#4001a(II)
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Obverse lettering Gutschein der Stadtgemeinde Nürtingen. 200 000 Mk. Zwei=Hundertausend Mark Nürtingen, den 18. August 1923 Stadt Schultheiß: Ratschreiber: Stadtpfleger: Gültig bis 30. November 1923. (Siehe Rückseite)
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Protection type Watermark
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Comments

Nürtingen was one of hundreds of German municipalities forced into emergency currency production during the hyperinflation of 1923, when the Reichsbank simply could not print fast enough to keep pace with collapsing purchasing power. At the 200,000 Mark denomination, this note was already obsolete almost the moment it left the press — by late 1923, billion-mark notes were in circulation elsewhere.

K. Henzler was a local printer, not a security printing house. The presence of a watermark at this level of production is worth noting; many comparable Notgeld issues from smaller municipalities dispensed with security features entirely.

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