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| 正面描述 | Uniface notgeld note printed in brown on cream paper, with an ornate guilloche border framing the entire face. The denomination 'Fünf Millionen Mark' is set in a large blackletter typeface at centre, above the issue date 'Halle, 28. August 1923' and the authority line 'Der Magistrat'. A large numeral '5' in guilloche style occupies the lower right, while the serial number runs vertically along the left margin. Two manuscript signatures flank a circular official seal of the Magistrat der Stadt Halle at centre lower field, with the validity clause printed along the bottom margin in Fraktur script. |
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| 防伪描述 | Circular ink stamp of the Magistrat der Stadt Halle applied at centre of the note between the two manuscript signatures. |
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One of hundreds of municipal emergency currency issues — Notgeld — produced during the catastrophic German hyperinflation of 1923, when the Reichsmark was depreciating so rapidly that local governments, businesses, and even private firms were authorized to print their own temporary money to keep commerce moving. By August 1923, five million marks could barely cover a newspaper. The Magistrat of Halle was simply keeping pace with an economy that was outrunning the national presses.
The official seal was the issuer's only practical safeguard against counterfeiting — a modest deterrent in a year when the denomination itself was obsolete within weeks of printing.