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5 000 000 Mark
| Issuer | Stadt Ludwigshafen am Rhein (City of Ludwigshafen am Rhein) |
|---|---|
| Year | 1923 |
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| In circulation to | 1 January 1924 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Stadt Ludwigshafen am Rhein. Gutschein über Fünf Millionen Mark Ludwigshafen a.Rh., den 20. August 1923. Der Oberbürgermeister: Dieser Gutschein wird spätestens zum 1. Januar 1924 zur Einlösung aufgerufen. WEISS & HAMEIER, LUDWIGSHAFEN A/RH. |
| Reverse description | Uniform green guilloche underprint covers the entire reverse, composed of closely-set geometric lace patterns arranged in horizontal bands. The four corners repeat the civic arms vignettes as on the obverse. The large numeral '5000000' is superimposed in white reserve across the centre of the guilloche field, with a faint watermark-style civic coat-of-arms vignette visible behind the numerals. |
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| Comments |
Ludwigshafen's 5-million Mark note belongs to the frantic summer-autumn 1923 Notgeld wave, when municipal and commercial issuers across Germany were legally authorized — then effectively compelled — to print emergency currency because the Reichsbank simply could not supply denominations fast enough to keep pace with hyperinflation. Weiss & Hameier was a local commercial printer, not a specialist banknote firm, and that shows in the production values typical of provincial emergency issues from this period.
By the time notes in this denomination reached circulation, their purchasing power was already eroding within days of issue. The Rentenmark stabilization of November 1923 rendered the entire series worthless almost immediately.