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5 000 000 Mark
| Issuer | Magistrat der Stadt Itzehoe (Notgeld, Prussian province of Schleswig-Holstein) |
|---|---|
| Year | 1923 |
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| In circulation to | 1923 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | FÜNF MILLIONEN MARK FÜNF MIL IONEN MARK ZAHLT DIE STADT ITZEHOE DER STADT ITZEHOE NOTGELDSCHEIN KASSE IN ITZEHOE GEGEN VORLAGE DIESES SCHEINES DEM EINLIEFERER DIE STADTHAUPT·KASSE Dieser Schein kann jederzeit aufgerufen werden und verliert eine Woche nach erfolgter öffentlicher Bekanntmachung in hiesigen Tagesblättern seine Giltigkeit. Itzehoe, 24. Aug. 23 Der Magistrat: Rohdey No 92252 |
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| Reverse lettering | FÜNFMILLIONEN BRENNENDEN SCHIFF DIE BESONNENHEIT ZU BEWAHREN! ABER JUST IN GEFAHR UND NOT ZEIGT SICH DER MANN, UND WO EIN WILLE IST, DA SIND AUCH MÖGLICHKEITEN ZU SCHWER IST'S IM NEUEMWERDEN. DIE ARBEIT MACHT SICH STRAFBAR. DIESER SCHEIN GILT ALS ZAHLUN- GSMITTEL GL- WER IHN NACH- MACHT ODER KRAFT AUF- GANZEN WELT. DIE LEBENS- VERFÄLSCHT. |
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| Comments |
Itzehoe was a modest Schleswig-Holstein market town of around 25,000 people when it issued this note during the hyperinflation of 1923 — the period when municipal authorities across Germany were legally obligated to fill the gap left by the Reichsbank's inability to print denominations fast enough to match collapsing purchasing power. The five-million mark figure, staggering on its face, was already insufficient for many transactions within weeks of issue; by November 1923, a loaf of bread in northern Germany cost several hundred million marks.
Local Notgeld at these denominations is frequently found with very short validity windows printed on the face — the issuing authority's attempt to prevent hoarding and force circulation before the note's value evaporated further.