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| Issuer | Stadt Freital (City of Freital) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 200 000 Mark (200 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ZWEIHUNDERTTAUSEND MARK NOTGELD DER INDUSTRIESTADT FREITAL 200000 MARK Zugelassen vom Reichs-Finanzministerium FREITAL, den 10. August 1923. Der Bürgermeister: |
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| Reverse lettering | ZWEIHUNDERTTAUSEND MARK NOTGELD DER INDUSTRIESTADT FREITAL 200000 MARK Gegen Rückgabe dieses Scheines zahlt die Stadt Freital 200000 M. FREITAL, den 10. August 1923. Der Bürgermeister: |
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| Comments |
Freital was barely three years old when it issued this note. The city had been created in 1921 through the administrative merger of several industrial communes south of Dresden — Döhlen, Deuben, and Potschappel among them — and its municipal finances were already under pressure from the collapsing German currency before it had properly established itself as a functioning entity. The 200,000 Mark denomination places this firmly in the mid-1923 hyperinflation wave, before the truly astronomical figures of the autumn.
Notgeld of this type was printed locally out of necessity, not ambition. The Reichsbank simply could not supply enough currency fast enough.