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5 000 000 Mark
| Issuer | Stadt Frankfurt am Main (City of Frankfurt am Main) |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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| Obverse description | Typographically printed Notgeld on pale olive-green guilloche underprint, with the issuer's name 'STADT FRANKFURT AM MAIN' set in Roman capitals across the top. The denomination 'Fünf Millionen Mark' is rendered in large Gothic (Fraktur) blackletter script at centre, with the numeral '5000000' printed as a pale underprint below it. A two-line redemption clause in German letterpress and the place-date line 'FRANKFURT a. M., den 15. August 1923' appear in the lower half, flanked at lower left by a serial number and at lower right by two facsimile manuscript signatures above the authority inscription 'DER MAGISTRAT'; the printer's imprint 'Werner u. Winter, Frankfurt a. M.' runs along the bottom margin. |
|---|---|
| Obverse lettering | STADT FRANKFURT AM MAIN Gutschein über Fünf Millionen Mark 5000000 Die Einlösung dieses Scheines erfolgt bei der Stadthauptkasse Frankfurt am Main. Der Zeitpunkt, mit dem die Gültigkeit abläuft, wird öffentlich bekannt gemacht. FRANKFURT a. M., den 15. August 1923. DER MAGISTRAT Werner u. Winter, Frankfurt a. M. |
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| Comments |
Frankfurt's municipal authority issued its own emergency currency throughout the hyperinflation of 1923, as the Reichsbank's printing capacity simply could not keep pace with the monetary collapse. By the time denominations reached seven figures, notes were often spent within hours of receipt — employers began paying wages daily, sometimes twice daily, because a morning's worth of purchasing power had evaporated by afternoon.
Werner und Winter was a Frankfurt commercial printer, not a specialist banknote firm. That the city turned to a local trade press reflects how completely the normal supply chain for currency production had broken down by mid-1923.