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5 000 000 Mark

Issuer Stadtverwaltung Kaiserslautern (City Administration of Kaiserslautern)
Year 1923
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Currency Mark (1914-1924)
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Obverse lettering NOTGELD DER STADT Fünf Millionen Mark Die Zeit der Einlösung wird den Vorschriften gemäß bekannt gegeben Kaiserslautern 15. August 1923 Nummer: 03185 Reihe: A STADTVERWALTUNG Müller, Bürgermeister STADTHAUPTKASSE Kunz, Finanzrat Kaiserslautern
(Translation: `Five Million Marks` `The time for redemption will be announced according to the regulations.` Kaiserslautern August 15, 1923 Number: 03185 Series: A City Administration Müller, Mayor Main City Treasury Kunz, Financial Officer)
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Signature(s) Müller and Kunz
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Comments

Kaiserslautern was among hundreds of German municipalities forced to print their own emergency money during the hyperinflationary collapse of 1923, as the Reichsbank simply could not produce currency fast enough to keep pace with depreciation. A note denominated at five million marks would have been a meaningful sum for a matter of days — perhaps hours — before inflation rendered it functionally worthless and a higher denomination took its place.

H. Schugardt was a local commercial printer, not a security press. The signatures of Müller and Kunz represent city treasury officials, whose authorization gave this Notgeld its limited municipal validity.

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