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5 000 000 Mark

Issuer Stadt- und Landkreis Aachen
Year 1923
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Value 5 000 000 Mark (5 000 000)
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Reverse description Printed entirely in dark brownish-red, the reverse is covered by a dense all-over ornamental underprint of acanthus scrollwork interspersed with four cherub figures — one at each corner of the central panel — set against a dotted pearl-border inner frame. A rounded rectangular central cartouche on plain paper ground carries the denomination repeated in three lines of Gothic type, with the issuer attribution below. The overall composition is purely typographic and decorative, with no pictorial vignette.
Reverse lettering Gutschein über
Fünf
Millionen
Mark
des Stadt- und Landkreises
Aachen
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Issued by the Stadt- und Landkreis Aachen during the catastrophic hyperinflation of 1923, this five-million mark note reflects the administrative chaos of that period, when municipal and district authorities across Germany were forced to issue their own emergency currency — Notgeld — simply to meet payroll and keep commerce moving. By the time denominations in the millions were being printed, the Reichsmark was losing value faster than new notes could reach circulation.

Printed locally by Aachener Verlags- und Druckerei, the note never left the region it was designed to serve. Aachen's proximity to the Belgian and Dutch borders gave it a particular economic vulnerability during the Ruhr occupation of 1923, when Allied pressure on German industry accelerated the currency's collapse.

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