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| 表面の説明 | ログイン して詳細を見る |
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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | Blue and green reverse printed by A. Kusche, centred on a finely rendered panoramic vignette of the Karlsruhe Eisenbahnhof as it appeared in 1853, with horse-drawn carriages and period figures in the foreground set against a clouded sky. The denomination 'FÜNF MILLIONEN MARK' appears in bold serif capitals at the top centre, with the numeral '5' repeated in each corner and a large lathe-work guilloche numeral at the right. A caption below the vignette identifies the historical scene. |
| 裏面の銘文 | FÜNF MILLIONEN MARK DER EISENBAHNHOF IN KARLSRUHE 1853 |
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| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
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Karlsruhe's municipal administration issued this 5,000,000 Mark note in 1923 as Notgeld — emergency currency printed to compensate for the catastrophic shortage of Reichsbank notes during hyperinflation. By mid-1923, the central bank simply could not print fast enough to meet demand, and hundreds of German municipalities stepped in to fill the gap. A. Kusche was a local Karlsruhe printer, not a specialist banknote firm, which is typical of the emergency circumstances that produced the entire series.
The five-million denomination places this note in the accelerating summer phase of the inflation, before the truly astronomical figures of October and November 1923.