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5 000 000 Mark
| Issuer | Stadtkasse der Stadt Wetzlar |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 5 000 000 Mark (5 000 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 500 Millionen Mark zahlt die Stadtkasse der Stadt Wetzlar dem Einlieferer dieses Gutscheines. Der Termin der Einlösung wird öffentlich bekannt gemacht. Wetzlar, den 18. September 1923 Der Bürgermeister |
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| Reverse lettering | Wetzlar um 1642 Willgerodt |
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| Comments |
Wetzlar's municipal treasury issued this note during the hyperinflation peak of summer 1923, when local authorities across Germany were authorized to produce emergency currency — Notgeld — to compensate for the chronic shortage of usable Reichsbank notes. At five million Mark, this denomination would have been unremarkable for only a matter of weeks before further inflation rendered it effectively worthless.
Scharfes Druckereien was a local Wetzlar press, which accounts for the modest production quality typical of municipally contracted emergency issues. The city is better known internationally as the home of the Leitz optical works — the Leica camera connection — but that industry offered no insulation from the monetary collapse engulfing the rest of the country.