200 000 Mark

Saarburg's 200,000 Mark note dates from the hyperinflationary summer of 1923, when the Reichsbank's supply of emergency currency was so overwhelmed that municipal and district authorities across Germany were legally empowered to issue their own Notgeld. The Kreiskommunalverband — the district communal association, a layer of local government below the Prussian Kreis administration — was an unusual issuing body even by the chaotic standards of that period.

By the time notes of this denomination were being printed, the 200,000 Mark face value was losing purchasing power within weeks of issue. Most Saarburg district Notgeld from this phase was redeemed and pulped during the currency reform of November 1923, which accounts for the relative scarcity of surviving specimens.