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5 000 000 Mark
| Issuer | Stadtrat Neustadt an der Donau |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 5 000 000 Mark (5 000 000) |
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| Obverse description | Printed entirely in green on cream paper, the obverse is structured around a central rectangular panel with fine guilloche border enclosing the full text of the Zahlungsanweisung (payment order), including the issuing authority, redemption instructions, date of 3 September 1923, and a manuscript signature of the 1. Bürgermeister. Tall ornamental lateral vignettes composed of interlocking diamond lozenges and foliate guilloche work flank the central text block on both sides, each bearing the denomination '5.000.000' in bold Gothic script oriented vertically. |
|---|---|
| Obverse lettering | Stadt Neustadt a. Donau Zahlungsanweisung über Fünf Millionen Mark Für diesen Schein haftet der unterzeichnete Stadtrat. Die Einlösung erfolgt in Neustadt a. D. und Abensberg durch die Bankgeschäfte Stark und Eckert, in Siegenburg durch das Bankgeschäft Frz. X. Mayr & Co. Neustadt a. Donau, 3. September 1923 Stadtrat Neustadt a. Donau 1. Bürgermeister |
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| Comments |
Neustadt an der Donau is a small Bavarian market town on the Danube, and like hundreds of German municipalities in 1923, its Stadtrat was forced into the business of emergency currency simply to meet payroll. The Reichsbank's note supply consistently lagged behind inflation during the hyperinflation peak, leaving local authorities — councils, companies, even individual factories — to print their own Notgeld just to function.
Schiele's Regensburg workshop handled a considerable volume of this regional Bavarian emergency paper. Five million marks sounds staggering; by late 1923, it barely covered a week's groceries.