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5 000 000 Mark

Issuer Stadt Pforzheim (City of Pforzheim)
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Obverse description Green guilloche border frames the note throughout. At centre, the arms of Pforzheim are rendered within an ornate cartouche flanked by scrollwork, above the bold letterpress denomination FÜNF MILLIONEN MARK. The upper field carries the Notgeld inscription DER STADT PFORZHEIM with the value 5 MILLIONEN at each corner, while the lower panel bears the large numeral 5.000.000MK over a vignette of a standing figure. The serial number in red and the manuscript signature of the Oberbürgermeister appear in the lower right, dated Pforzheim, den 21. August 1923.
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Reverse lettering 5 MILLIONEN MILLIONEN 5
5.000.000MK
FÜNF MILLIONEN MARK
5.000.000
Wer Kassenscheine nachmacht oder verfälscht, oder nachgemachte oder verfälschte sich verschafft u. in Verkehr bringt, wird mit Zuchthaus nicht unter zwei Jahren bestraft.
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Comments

Pforzheim issued its own emergency currency — Notgeld — like hundreds of German municipalities scrambling to fill the void left by Reichsbank notes that became worthless faster than they could be printed. By mid-1923, the hyperinflation had progressed to the point where denominations in the millions were functionally small change; a 5,000,000 Mark note from this period would have bought little more than a loaf of bread, if that.

Municipal issues like this were produced locally, often by whatever printer had paper and ink available. Pforzheim, a city built on the jewelry and watchmaking trades, had the industrial infrastructure to manage local print runs without outside contracting.

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