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5 000 000 Mark
| Issuer | Stadtgemeinde München (City of Munich) |
|---|---|
| Year | 1923 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | STADTGEMEINDE MÜNCHEN Fünf Millionen Mark MÜNCHEN, DEN 28. AUGUST 1923 STADTRAT MÜNCHEN 5 Millionen STADTRAT MÜNCHEN |
| Reverse description | The back is printed in dark blue on a plain beige-tan ground with a fine guilloche background. At centre, a classical allegorical female figure, robed and raising a laurel wreath aloft with her right arm, stands within a large arched vignette flanked by stylised wing-like scrollwork. Two cloud-shaped cartouches to either side carry the denomination "Fünf" and "Millionen" in Gothic script, with a ribbon banner below reading "Gutschein der Stadt- / Freimärken". Anti-counterfeiting penalty texts in Gothic type run vertically in narrow panels along both lateral margins, with the red serial number printed along the lower edge. |
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| Comments |
Munich's municipal administration was among hundreds of German local authorities forced into emergency currency issuance during the hyperinflation of 1923 — the Reichsbank simply could not print fast enough to meet demand. These Notgeld issues at the million-mark level were already obsolete within weeks of printing; by November 1923, the denomination would have been worthless fractions of a day's bread cost.
The DeNG reference places this in the second subdivision of the Munich municipal series, suggesting it was not an isolated print run but part of a sequenced escalation as the inflation spiral compressed the gap between successive denominations.