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200 000 Mark

Issuer City of Marburg (Prussian province of Hesse-Nassau)
Year 1923
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Composition Paper
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Obverse description Plain cream paper note printed in black letterpress. The title inscription 'Gutschein der Stadt Marburg-Lahn' appears at the top within a simple ruled border frame, followed by the denomination '200000 Mark' in large numerals and the written-out value 'Zweihunderttausend Mark' in bold Gothic script. The body carries the redemption conditions in small roman typeface, dated Marburg, 11. August 1923, with two manuscript signatures below the 'Der Magistrat' designation, a circular violet city seal at lower right, the serial number in green at lower left, and the printer's imprint along the bottom margin.
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Protection type Official seal
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Comments

Marburg's 200,000 Mark note belongs to the most chaotic stretch of the German hyperinflation, when municipal and commercial bodies across Prussia were authorized — effectively forced — to print their own emergency currency to meet payroll and daily transactions as Reichsbank supply collapsed under the pace of price increases. By mid-1923, denominations that would have seemed absurd eighteen months earlier were routine small change.

Hessischer Verlag K. Euker was a local publishing house, not a security printer. The official seal is the only anti-counterfeiting measure — a reflection of how little counterfeiting risk mattered when a note's purchasing power could halve within days of issue.

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