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5 000 000 Mark

Issuer Stadtkasse Fürth i/B. (City Treasury of Fürth)
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Obverse lettering NOTGELD DER STADT FÜRTH i/B.
Fünf Millionen Mark
zahlt die Stadtkasse Fürth i/B.
gegen diesen Schein dem Einlieferer
Fürth, den 15. September 1923.
Stadtrat:
Müller
3. Bürgermeister.
Dreid [Oberbürgermeister]
Oberbürgermeister.
2. Bürgermeister.
5 Millionen Mark
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Signature(s) Müller (3. Bürgermeister), Dreid (Oberbürgermeister), and a third signatory (2. Bürgermeister)
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Fürth's city treasury issued this note during the acute phase of Weimar hyperinflation, when municipal governments across Germany were authorized to produce their own emergency currency — Notgeld — to fill the void left by the Reichsbank's inability to print and distribute legal tender fast enough. Five million marks sounds extraordinary; by late 1923 it was pocket change. The Rentenmark reform in November of that year rendered the entire series worthless overnight.

Three separate signatories — the Oberbürgermeister and both deputy mayors — were required on each note, an administrative safeguard that did nothing to slow inflation but speaks to how seriously German municipal authorities treated even their most ephemeral paper obligations.

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